The crypto market is gradually flipping bullish after a dismal start on Monday characterized by drastic losses after major altcoins tumbled. ETH, the token powering the most prominent smart contracts ecosystem, dropped to test $3,200 support, contributing to the generally bearish crypto market. Considering the current Ethereum price forecast, as it dodders at $33,379, the path of least resistance is gradually flipping upwards, aiming for highs above $4,000. The volatility experienced by Ethereum has not significantly affected the decentralized finance (DeFi) sector within the ecosystem. A minor dip from the yearly high of approximately $58 billion eased to $47 billion, hinting at positive sentiment in the market.