Price and Range
Ethereum steadies above $4,000 as markets hold firm after earlier weakness. Price hovers near $4,011 after a morning rebound and afternoon consolidation. Momentum stays restrained, yet liquidity and defined ranges keep conditions orderly.
Intraday action shows a drop toward $3,920 in early hours. Price then jumped into the $4,060 to $4,080 area by late morning. It later hovered just above $4,000, forming a range near $150.
The one-day change sits near 0.8 percent and signals modest strength. Market cap prints about $484 billion and aligns with circulating supply. However, the cap’s daily change near 3.3 percent likely reflects different windows.
Volatility appears elevated yet typical for crypto at roughly four percent of price. The setup favors range trading while directional follow-through stays limited so far. Therefore, near-term sentiment remains balanced and focused on levels for now.
Liquidity, Supply, and Levels
Reported 24-hour volume totals about $32 billion and indicates strong market depth. Thus, the volume to market-cap ratio stands near 6.7 percent today overall. High turnover often supports tighter spreads, yet headline bursts can still jolt price.
Circulating supply shows about 120.69 million ETH, matching the displayed total supply. Accordingly, fully diluted valuation equals market cap with no large unlock overhang. Net issuance depends on staking dynamics and fee burns rather than preset caps.
Immediate support forms around $3,950 to $3,980 after the earlier selloff stalled. Meanwhile, resistance clusters between $4,070 and $4,080 after the rebound topped. A break above could target the mid-$4,100s, but failure preserves the current range.