Short-Term Ethereum Trend Analysis – Early April 2025
🔍 Technical Analysis (Price ~1,795 USDT)
Ethereum (ETH) is currently in a short-term downtrend following a strong correction that started earlier this year. On the chart, the price is trading below short- and medium-term moving averages (e.g., MA9, MA42, MA99), indicating weak momentum. $ETH ETH has consistently formed lower highs and lower lows, and it remains below both the 34-day and 89-day EMAs — confirming a prevailing bearish structure.
Recent trading volume is average, but red candles tend to have higher volume than green candles, showing that selling pressure remains dominant. However, momentum indicators are entering oversold territory: both the Stochastic RSI and RSI are showing low readings (RSI ~36), suggesting that ETH may be poised for a short-term technical rebound.
Support & Resistance Zones:
The nearest support for ETH is around 1,820 USDT (recent local bottom), with a key psychological level at 1,800 USDT just below it.
If this area breaks, the next major support lies at 1,750 USDT – 1,700 USDT, which aligns with previous strong bounce zones during heavy sell-offs.
On the upside, 1,880 – 1,900 USDT serves as the next resistance. This zone also overlaps with important moving averages, so selling pressure is likely to increase there.
If ETH breaks above 1,900 USDT, the next resistance zone to watch is 1,950 – 2,000 USDT, where profit-taking may intensify again.