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MacroVsCrypto

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Denita Mcglumphy ZuOn
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Bullish
Ethereum Holds $1,600 Support — April Rally to $2,000? Despite geopolitical turmoil and market volatility, Ethereum shows resilience, holding steady above $1,600. After rebounding from $1,450, ETH trades at $1,606 (as of April 13). Technical resistance looms at $1,625 (50-day EMA + trendline). A breakout could see a run to $1,690 and potentially $2,000 this month. Eric Trump-Linked Sell-Off Pressures ETH World Liberty Financial, tied to Eric Trump, reportedly sold 5,500 ETH at a 55% loss ($1,465 per ETH), adding bearish sentiment. Meanwhile, global tensions rise. A fresh U.S.-China trade war—sparked by Trump’s 145% tariffs—has shaken equities. Nasdaq is down 21%, S&P 500 off 15% YTD. Crypto’s hedge narrative is under pressure. Still, Bulls Eye $2K ETH’s strong $1,600 base and higher lows suggest bullish momentum. A confirmed break above $1,625–$1,690 may open the door to $2,000. Long Targets: $1,690–$2,000 (above $1,625) Support: $1,600, then $1,545 / $1,471 Stops: Long at $1,580, Short at $1,630 April could be the turning point. #ETH #EthereumRally #MacroVsCrypto #TrumpTariffs #CryptoNews $ETH {spot}(ETHUSDT)
Ethereum Holds $1,600 Support — April Rally to $2,000?

Despite geopolitical turmoil and market volatility, Ethereum shows resilience, holding steady above $1,600. After rebounding from $1,450, ETH trades at $1,606 (as of April 13).

Technical resistance looms at $1,625 (50-day EMA + trendline). A breakout could see a run to $1,690 and potentially $2,000 this month.

Eric Trump-Linked Sell-Off Pressures ETH
World Liberty Financial, tied to Eric Trump, reportedly sold 5,500 ETH at a 55% loss ($1,465 per ETH), adding bearish sentiment.

Meanwhile, global tensions rise. A fresh U.S.-China trade war—sparked by Trump’s 145% tariffs—has shaken equities. Nasdaq is down 21%, S&P 500 off 15% YTD. Crypto’s hedge narrative is under pressure.

Still, Bulls Eye $2K
ETH’s strong $1,600 base and higher lows suggest bullish momentum. A confirmed break above $1,625–$1,690 may open the door to $2,000.

Long Targets: $1,690–$2,000 (above $1,625)

Support: $1,600, then $1,545 / $1,471

Stops: Long at $1,580, Short at $1,630

April could be the turning point.

#ETH #EthereumRally #MacroVsCrypto #TrumpTariffs #CryptoNews
$ETH
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