$ETH 🙋🏽♂️ April 2025 Short-term Outlook:
Price Prediction
Market Dynamics: The recent rebound is attributed to a decrease in short positions on CME and a drop in the ETH futures basis from 20% in November 2024 to around 5% in April 2025, indicating a reduction in bearish sentiment.
Medium-term Outlook (May–July 2025):
May 2025: ETH is projected to trade between $2,500 and $2,700, supported by an ascending triangle pattern and an increase in whale accumulation.
The RSI above 60 suggests strong bullish momentum.
July 2025:
Please note that cryptocurrency markets are highly volatile and predictions are subject to change based on market conditions.
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