$ETH in April 2025: Is the Bull Back? ๐๐ฅ
Price Snapshot ๐
ETH is currently trading around $1,787, marking a 13% surge in the last 24 hours. However, it's still down approximately 14% for the month.
Whale Activity ๐
A major investor who previously lost $40 million has returned, accumulating nearly 20,000 ETH. This move indicates renewed confidence among large holders.
ETF Inflows ๐
Spot Ether ETFs have seen a $38.74 million inflow, ending a 10-day drought. This influx suggests growing institutional interest.
Technical Indicators ๐
Despite recent gains, ETH's price remains below key resistance levels. Analysts are watching for a break above $2,100 to confirm a bullish trend.
Market Sentiment ๐ง
While short-term sentiment is mixed, long-term forecasts remain optimistic, with some predicting ETH could reach $5,000 by the end of 2025.