Ethereum is currently trading at $1790, with a daily increase of over 10%, after breaking an important resistance at $1688. Despite this rise, the currency still shows weak performance compared to other major currencies, having lost about 51% of its value since the beginning of 2025.

Technically, the overall trend for Ethereum remains bearish in the medium term, reflecting ongoing pessimism in the market. Among the most prominent current support levels are $1623, $1490, and $1422, while it faces resistances at $1824, $1892, and $2025. The Relative Strength Index (RSI) gives positive signals, which may enhance the chances of continued upward movement in the near term.