Ethereum’s price pulled back ~5%, dipping below $3,660, amid broader crypto downside triggered by a surging U.S. dollar and tariff-related investor caution.
Although derivatives showed lingering caution, ETH funding rates turned negative, and retail investors stepped in to buy the dip, boosting confidence around price recovery.
Forecast models indicate ETH USD around $3,773 within a bullish channel; key support levels at ~$3,405 with bearish breakdown risk if ETH closes below ~$3,265.