Over the past four hours, the ETH/USDT trading pair has experienced notable volatility, reflecting ongoing market dynamics. The session began with Ethereum priced around $1,860. However, the pair saw a sharp decline early on, dropping to a low of $1,840. This initial dip was attributed to a general market pullback and a decrease in buying momentum.Following this decline, ETH found a solid support level at $1,840, leading to a recovery phase. Increased buying interest and renewed market confidence helped Ethereum bounce back, with the price rising to approximately $1,880 by the end of the period. This upward movement suggests strong support at the lower end and resilience against broader market fluctuations.
