Ethereum ($ETH ) Today – April 9, 2025
Current Price: $1,465.01
Change: -$81.67 (-5.28%)
High: $1,607.64
Low: $1,454.99
What’s going on?
Market Volatility: Crypto markets are shaky overall, with major coins like ETH showing big moves.
DeFi Liquidations: A huge liquidation of 53,074 ETH (worth ~$74M) recently happened in DeFi, adding selling pressure.
Chart Patterns: ETH is in a downward trend since December. If it drops below $1,500 support, it could fall as low as $1,000.
Analysts’ Views:
Bearish Case: Continued pressure might push ETH to the $1,000 zone.
Bullish Case: If ETH can climb back to $2,100, some analysts see a path to $4,000.
Bottom Line: The market is uncertain. Stay updated and be cautious if you're trading or investing.