Ethereum is trading at $3,589.71 down 1.15% in the last 24 hours, as consolidation close to a major technical level continues. Even though price action still remains uncertain, an analyst has provided an outline of a potential move to $ 4,000 and he cites a confirmation of the breakout pattern. At the same time, the SEC has issued a statement clarifying that some liquid staking setups may not be classified as securities—reshaping expectations around Ethereum’s regulatory future.