#Ethereum Update | April 27, 2025
ETH is showing steady moves today!
Currently trading around $1,800–$1,811 with a +1.34% uptick in the past 24 hours.
Key Levels:
Support: $1,766
Resistance: $1,878
Technical Highlights:
A falling wedge is forming — bullish pattern spotted!
MACD is rising, signaling potential momentum build-up.
RSI sits at 57.01 — neutral zone.
Market Moves:
Over 63,000 ETH ($113.5M) sold by whales in the last 48hrs! 🐋
More than 80,000 ETH moved to derivative exchanges, hinting at speculative plays.
Positive Vibes:
Institutional inflows remain strong with $38.8M pouring into ETH ETFs!
Layer 2 solutions are booming, boosting optimism!
Summary:
ETH is holding strong above support. If momentum strengthens, a breakout above $1,878 could be next!
Keep your eyes peeled! 👀✨