The post Ethereum Price Analysis: ETH Tests $4,659 Amid Mixed Signals and Fusaka Fork Anticipation appeared on BitcoinEthereumNews.com.

Luisa Crawford
Sep 14, 2025 09:14

ETH trades at $4,659 (-1.41% daily) near Bollinger Band resistance as September correction creates potential buying opportunity while Fusaka hard fork development progresses.

Quick Take • ETH currently trading at $4,659.19 (-1.41% in 24h) • Ethereum’s RSI at 61.46 suggests neutral momentum with room for upward movement • Fusaka hard fork testnet plans finalized for Q4 2025, driving developer activity and network anticipation What’s Driving Ethereum Price Today? The ETH price movement over the past week reflects a market in consolidation, with Ethereum holding steady around the $4,300-$4,650 range despite broader market uncertainties. The most significant recent catalyst came from September 10th developments, where Ethereum’s daily trading volume surged nearly 70% to $33.94 billion as developers finalized testnet plans for the upcoming Fusaka hard fork scheduled for Q4 2025. This technical milestone represents a positive fundamental driver for Ethereum, as hard forks typically introduce network improvements that enhance scalability, security, or functionality. The increased trading volume accompanying this news suggests institutional and retail traders are positioning themselves ahead of potential network upgrades. The September correction narrative that emerged around September 9th has created an interesting dynamic for the ETH price. While some analysts view the recent pullback as a natural healthy correction within a broader uptrend, others point to macroeconomic headwinds that could pressure risk assets like cryptocurrencies. The fact that Ethereum has maintained relatively stable trading around $4,300-$4,650 during this period suggests underlying strength in the asset. ETH Technical Analysis: Mixed Signals Point to Consolidation Phase Based on Binance spot market data, Ethereum technical analysis reveals a cryptocurrency caught between competing forces. The most telling indicator is Ethereum’s current position near the upper Bollinger Band at $4,697.06, with the ETH price at $4,659.19 representing a…

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Filed under: News - @ September 14, 2025 10:29 am