Ethereum Price Update 📰

April 7, 2025

Ethereum (ETH) is currently trading at $1,589.81 📉, showing a significant dip after breaking below key support at $1,800. The intraday low touched $1,573.53, marking increased bearish pressure in the crypto markets.

This decline follows broader economic tensions, including recent U.S. tariff announcements 🏛️, which have added volatility to global markets — crypto included.

Despite the drop, Ethereum whales 🐋 have been busy. Over 130,000 ETH were recently accumulated, hinting at potential confidence in a rebound. Some analysts see this as a setup for a strong move back toward $2,839 if ETH can reclaim the $1,800 level 🔁.

However, not everyone is bullish. Economic uncertainty and weak stock market trends 📉 could push ETH lower before any meaningful rally. Analysts warn that Ethereum may still face turbulence before stabilizing.

Key Levels to Watch:

• Support: $1,573 – $1,600

• Resistance: $1,800 and $2,000+

Stay sharp — the market is volatile, but opportunity often hides in the dips. ⚠️

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