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Recently, Ethereum has been trading near $4,300. While prices vary slightly across different exchanges, ETH has largely remained between $4,000 and $4,350. Over the past week, ETH has made several attempts at new highs, but each rally has quickly reversed due to selling pressure.
The launch of spot Ethereum ETFs has provided fresh momentum to the market. Some funds continue to attract significant inflows, indicating institutional recognition of ETH’s long-term potential. However, there have also been periods of heavy selling, with single-day outflows reaching several hundred million dollars. These swift capital movements have driven sharp short-term price swings. They have also triggered widespread leveraged liquidations.
The Federal Reserve’s interest rate policy is a major macroeconomic factor driving Ethereum prices. If signals of an upcoming rate cut emerge, crypto assets may rally again. Until then, market uncertainty prevails. Broader sentiment remains cautious, and downward movement in Bitcoin is also putting pressure on ETH.
Ethereum is currently trading around $4,300, with frequent price movements. The most significant recent influences remain ETFs and macroeconomic policy. For new investors, the best approach is to make steady, small-scale investments and manage your risk—take the time to learn how the market operates and avoid chasing short-term price movements.