This month, the overall Ethereum market broke out of the lower range with a rebound, entering a choppy, back-and-forth trading pattern. After bottoming out around $1,570 at the start of the month, it recovered slightly and then surged to around $1,800, where it met selling pressure and pulled back. Softer inflation data and rising expectations for rate cuts brought a temporary boost, but U.S. Treasury yields repeatedly climbed, and—combined with slowing ETF inflows—left the bulls with insufficient staying power. Price action has seen intense back-and-forth between buyers and sellers, with the market repeatedly washing through key support and resistance levels. In the short term,走势 is still dominated by the timing of the Federal Reserve’s policy, and the direction remains unclear.666666666