$ETH In early April 2025, Ethereum (ETH) experienced a significant price drop, reaching a low of $1,460 on April 7 due to strong selling pressure. Although it briefly recovered to $1,553.62, ETH still faces resistance around $1,620. Analysts estimate the next major support level to be at $1,290, which could be a potential turning point for price recovery. Additionally, the scheduled Pectra update in May 2025 is expected to enhance the performance of the Ethereum network and influence future price movements.