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Ethereum’s slip from $4,700 to $4,400 has rattled ERC20 coins and top DeFi altcoins, triggering synchronized selling even as fundamentals remain intact.
The correction comes right after ETH nearly retested its $4,788 all-time high, reminding investors that volatility is part of the climb, even while adoption and ETF flows continue building in the background.
Ethereum’s Technical Foundation Shows Resilience Despite Price Volatility
ETH trades around $4,427 after a 4% dip, consolidating its massive 25% August rally. Analysts call this a healthy pause, not a collapse, with inflows from BlackRock and other institutions providing support.
Top Ethereum price prediction markets still give ETH a 64% chance of hitting $5,000 before the month’s…
