April 2025 was a pivotal month for Ethereum, marked by a significant rebound from early lows and bolstered by growing institutional interest. Here’s a comprehensive analysis of ETH’s performance over the past month.

$ETH $SOL

#Ethereum #Trump100Days #EtherFi

———————————————————————————

📊 Price Performance Overview

Ethereum began April on a bearish note, dipping to a low of approximately $1,420 on April 28. However, by May 1, ETH had recovered to around $1,650, marking a 16.2% increase from its monthly low. This recovery was accompanied by a surge in trading volumes, which spiked by 28% over the past 72 hours, reaching $12.5 billion daily on April 30.(Blockchain News)

📈 Technical Indicators

  • Resistance Levels: Key resistance zones are identified at $2,000 and $2,200. A break above these levels could signal a stronger bullish trend for ETH in 2025. (Blockchain News)

  • Support Levels: Critical support is noted at $1,470 and $1,380. Maintaining above these levels is essential for sustaining the bullish momentum. (Contribune | Blockchain News)

  • Momentum Indicators: The Relative Strength Index (RSI) has moved above the neutral 50 level, indicating building bullish momentum. (CCN)

📊 On-Chain Metrics

On-chain data reflects a positive shift in Ethereum’s network activity:

  • Active Addresses: There was a 15% increase in active addresses, reaching 1.2 million on May 1, indicating growing network engagement.

  • ETF Inflows: Ethereum-based ETFs experienced net inflows of $66.25 million in April, reversing the $403.37 million in net outflows recorded in March.

  • DeFi Dominance: Ethereum continues to lead in decentralized finance (DeFi), capturing 60% of tokenized real-world asset (RWA) value.

🔮 Outlook for May 2025

Looking ahead, several factors could influence Ethereum’s trajectory:

  • Pectra Upgrade: Scheduled for May 7, this upgrade aims to enhance network scalability, reduce transaction fees, and introduce smart account functionality, potentially boosting ETH’s utility and appeal.

  • Institutional Interest: Continued ETF inflows and growing institutional participation could provide upward pressure on ETH’s price.

  • Market Sentiment: The Fear & Greed Index indicates a shift towards “Greed,” reflecting increased investor confidence.

📌 Conclusion

April 2025 showcased Ethereum’s resilience, rebounding from early lows and setting the stage for potential bullish momentum in May. With critical upgrades on the horizon and increasing institutional interest, ETH may be poised for further gains. However, investors should remain vigilant, monitoring key resistance levels and on-chain metrics to gauge the sustainability of this upward trend.