$ETH Ethereum has been moving sideways for the past four days, almost like it’s stuck and waiting for a trigger. The big question is: what is it waiting for?

If the recent drop has already formed a bottom, we should be seeing a strong rebound by now. But if this is just a pause before another leg down, then the next drop could happen very soon.

Looking at how major players are cutting losses and how market sentiment feels, it seems more like a temporary self-defense move — a coordinated push to avoid forced liquidations. If that’s the case, then this sideways action may just be preparation for another decline.

The previous level around 1736 doesn’t look strong enough to hold. A further 10–15% drop could bring price closer to the 1500 zone.

Based on how markets behave during extreme moves, sharp declines are often followed by sharp rebounds. So after the next downward wave finishes, it could set up a solid opportunity for the next upward move.

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