The analysis discusses Ethereum's technical and fundamental outlook. Technically, Ethereum is still strong on higher timeframes but lacks momentum on lower timeframes, and the 4-hour trend has been down since Tuesday. Volume has been relatively low and there hasn't been a strong breakout attempt. A different ecosystem, Solana, is capturing market attention. The expected range for Ethereum is between $4700 and $4300. The analysis anticipate stability within this range, and warns of potential volatility due to the upcoming PCE price index and Federal Reserve interest rate decision.