The price movement of Ethereum in the next three days shows considerable uncertainty, and the analysis of various factors is as follows:

Technical factors
From the perspective of short-term technical indicators, the 4-hour K-line chart shows that after Ethereum's price dipped to around 4350 USD, it formed a W double bottom reversal pattern, indicating a certain bullish signal. However, the MACD indicator shows a slightly bearish momentum, and the RSI is at 49, indicating a neutral state. The market direction is not clear. If the price can effectively break through the resistance level of 4588 USD, it may further rise and challenge the 4800 USD level; if it cannot break through, it may fluctuate in the range of 4300-4500 USD.
Market sentiment factors
Recently, more than 22 million USD worth of ETH short positions were liquidated, indicating a shift in market sentiment towards a more positive outlook. However, in the past week, exchanges like Coinbase have experienced net outflows of ETH, which may suggest that some investors are taking profits during the technical rebound, thereby putting some pressure on price increases. In addition, the net inflow of Ethereum spot ETFs recently reached 1.019 billion USD in a single day, setting a historical record and providing some support for the price.
Institutional forecast factors
Some analysts are relatively optimistic about Ethereum's medium to long-term performance, such as Tom Lee, who believes Ethereum is expected to break through 12,000 USD by the end of the year. However, some analysts think there may be a technical pullback in the short term, as Chimp of the North mentioned that ETH might regain momentum after pulling back to 2,400 USD. According to Xueqiu's analysis, the baseline scenario price for Ethereum in the fourth quarter of 2025 is between 5,800 and 6,500 USD, which also suggests that there may be some upward potential in the price over the next three days, but it needs to break through the current resistance level [__LINK_ICON].
Overall, the price of Ethereum may fluctuate between $4300 and $4800 in the next three days. If it can break through the resistance level of $4588, it is expected to approach $4800 in the short term; if it cannot break through, it may seek support around $4300. The above content is compiled from publicly available information and does not constitute any investment advice.