Light bearish pressure on Ethereum: these are the key ranges of the day

Ethereum has seen a slight 0,4% correction over the past 24 hours, trading around $4.508.

 Although the daily ETH price chart shows a moderate downward slope, technical performance remains within healthy ranges, with support at $4.431 and resistance at $4.586. This fluctuation, far from generating alarm among experts and investors, is interpreted as a natural pause amid a context that continues to show signs of structural strength and renewed institutional interest.

The bearish narrative, limited by the magnitude of the pullback, contrasts with the capital flows that have entered the Ethereum ecosystem in recent days. According to data from CoinShares, ETH-linked exchange-traded funds have received Nearly $500 million in net inflows last weekThis rebound in institutional demand, after eight days of outflows, not only reflects a revival of institutional appetite for digital assets, but also suggests that investors are repositioning themselves for potential changes in the macroeconomic environment.

Investors are reviving their interest as the Fed prepares for possible cuts

The expectation that the US Federal Reserve (Fed) will announce a interest rate cut At the end of the week has begun to influence capital allocation decisions. In an environment where liquidity could expand, digital assets like Bitcoin and Ethereum—sensitive to monetary cycles and with a narrative of increasing utility—are emerging as natural beneficiaries. The expectation of this possible shift in US monetary policy is adding a layer of optimism to technical analysis, which was already showing signs of consolidation at high levels.

The correlation between the Fed's policy moves and the performance of digital assets has been evident in previous cycles. An interest rate cut not only lowers the cost of capital but also encourages the search for yield in alternative instruments, such as cryptocurrencies. In this context, Ethereum presents itself as a strategic option, not only due to its liquidity and capitalization, but also due to the technical advances that continue to strengthen its value proposition.

Stability within current ranges, combined with institutional influx and potential macroeconomic momentum, creates a scenario where bearish pressure appears more technical than structural. Analysts agree that, barring a surprise in the Fed's decision, Ethereum could regain its bullish momentum in the coming days, especially if it manages to overcome the resistance at $4.586 with volume.

Fusaka, the next hard fork that drives the future of Ethereum

Beyond price action, Ethereum continues to advance its technical roadmap with an eye toward Q2025 XNUMX. The Ethereum Foundation has confirmed that Fusaka will be the next major network upgrade, cementing improvements to both the execution layer and the consensus layer. fork, whose name combines “Osaka” (execution) and “Feather"(consensus), represents a decisive step towards a more scalable, secure and efficient network.

Fusaka's main feature will be PeerDAS implementation, a data availability sampling system that transforms how nodes interact with blobs—the ephemeral data that Layer 2 networks publish on Ethereum. Until now, each full node had to store all blobs to ensure their existence, creating an increasingly unsustainable resource load as network throughput increased. With PeerDAS, each node will be responsible for only a fraction of the data, enabling theoretical scaling of up to eight times without compromising security.

This technical advancement will not only improve Ethereum's operational efficiency, but will also lower the barriers to entry for new network participants. 

By reducing hardware and bandwidth requirements, Fusaka will democratize access to validation, reinforcing decentralization, one of the fundamental pillars of the blockchain ecosystem. Furthermore, by allowing any part of the data to be reconstructed from the existing 50%, near-perfect availability is guaranteed, with a negligible probability of error.

The Ethereum Foundation has emphasized that Fusaka is not a final destination, but rather a further step in an ambitious roadmap that seeks to position the network as the global standard for decentralized applications. This incremental approach, based on continuous updates and community engagement, has been key to maintaining Ethereum's relevance in a competitive and constantly evolving environment.

Is Ethereum preparing for its next strategic leap?

The slight bearish pressure facing Ethereum in the short term does not appear sufficient to alter its underlying narrative. With increasing institutional flows, a potentially favorable macroeconomic environment, and a high-impact technical update on the horizon, the asset remains one of the strongest and most strategic assets in the crypto ecosystem. The combination of technical, fundamental, and structural factors reinforces the thesis that Ethereum not only withstands corrections, but also uses them as consolidation platforms for its next phase of growth.

In a market where volatility is constant and the narrative shifts rapidly, Ethereum stands out for its adaptability and the consistency of its evolution. The arrival of Fusaka, with its improvements in scaling and security, not only optimizes the experience for developers and users, but also sends a clear signal to the market: Ethereum continues to build, continues to grow, and continues to lead.

As the price moves within defined technical ranges, the fundamentals strengthen. And in this balance between the technical and structural aspects, Ethereum finds its competitive advantage. Today's bearish pressure may be just a pause in a trajectory that, according to analysts, still has a long way to go in the remainder of the year.