Ethereum News Today: Ethereum Dips Below $4,400 Amid Volatility and Inflation Concerns

Ethereum briefly dipped below $4,400 on August 15, 2025, amid heightened market volatility, marking a temporary pullback following a rally that had pushed the asset close to its all-time high [1]. The drop, while short-lived, highlighted the broader uncertainty in the cryptocurrency market, particularly in light of the latest U.S. Producer Price Index (PPI) data, which showed inflationary pressures exceeding expectations [2]. Despite the fluctuation, no public statements were made by Ethereum’s leadership—including Vitalik Buterin or the Ethereum Foundation—about the price movement. Their continued focus remains on network development and institutional adoption, with Joseph Lubin of ConsenSys emphasizing the team’s long-term vision for Ethereum’s technology and ecosystem [1].

On August 14, Ethereum was reported at $4,629.73, having previously surged to a yearly high of $4,765.83 before retreating to around $4,500 [2]. Year-to-date, the asset had gained 38.53%, with a daily trading volume of $67.165 billion. Analysts have identified the $4,400 level as a critical support area, with Ethereum’s next move expected to hinge on its ability to stabilize above this threshold [1]. Rekt Capital noted the significance of the weekly CME gap between $4,091 and $4,261, warning that a retest of this range could bring further volatility to Ethereum’s price action [1].

The broader crypto market also played a role in Ethereum’s recent behavior. Bitcoin’s strong performance—trading near $118,952—contributed to increased activity and a rise in altcoin market share [2]. Ethereum’s transaction volume has even surpassed Bitcoin’s in certain periods, signaling growing adoption and usage. However, data from CryptoQuant shows that daily inflows of ETH to exchanges have increased, potentially indicating heightened selling pressure [1].

Standard Chartered analysts have raised their end-of-year Ethereum price target to $7,500, based on the assumption that the asset will break through its all-time high of $4,866 in Q3 [2]. HashKey’s Jeffrey Ding has also expressed confidence in Ethereum’s future, citing the upcoming Pectra and Fusaka upgrades as catalysts for enhanced network performance and broader adoption [1]. The Pectra upgrade is expected to reduce layer-2 costs and improve user experience, while the Fusaka upgrade, slated for Q4, aims to introduce PeerDAS technology to boost data availability and decentralization [1].

In the short term, Ethereum faces key resistance and support levels. A retest of the $4,631 level could determine whether the asset continues its bullish momentum, while a breakdown below $4,000 could trigger a retest of the weekly CME gap or even the $3,750 area [1]. Conversely, if Ethereum remains above $4,158, it could still see a resumption of its upward trend [1].

Market sentiment remains mixed, with the Greed and Fear Index at 60—indicating a generally optimistic tone among investors [2]. However, the altcoin sector experienced notable declines, with Meme and NFT categories falling more than 8% in a 24-hour period [2]. Meanwhile, Ethereum ETFs have continued to attract attention, with $0.64 billion in net inflows recorded over eight consecutive days as of August 14 [2].

Despite the volatility, Ethereum remains a central focus for the crypto market. Analysts and market observers are closely watching for signs of stabilization or renewed bullish momentum as the asset approaches key technical levels. With ongoing upgrades and broader macroeconomic developments at play, Ethereum’s near-term performance could offer important clues about the direction of the entire crypto market [1].

---

Source:

[1] https://www.mitrade.com/insights/news/live-news/article-3-1038601-20250814

[2] https://news.futunn.com/en/post/60657613/hashkey-trade-moment-112000-is-a-key-resistance-level-for

[3] https://www.coinbase.com/price/ethereum