🚀 Ethereum attempts to recover – Is the downtrend about to end?
📉 $ETH starts April with mixed signals, as BBTrend remains negative but shows signs of weakening.
📊 Notable points:
🔹 ETH's BBTrend indicator is at -11.66, improving from yesterday (-12.54), but still negative.
🔹 ETH whales are accumulating again, with the number of wallets holding 1,000 - 10,000 ETH increasing from 5,322 to 5,330 in 24 hours.
🔹 ETH surpasses SOL in trading volume on DEX for the first time in 6 months, indicating that capital flow is starting to return.
📌 Ethereum (ETH) price forecast
📈 Current: $1,857
🔥 Important resistance: $2,104 – $2,320 – $2,546
🛑 Important support: $1,823 – $1,759
📌 If whales continue to accumulate and ETH maintains an upward trend, the price could break above $2,100 and aim for $2,320!
💡 Do you believe ETH will return above $2,500 this month? 🚀