As of April 11, 2025, Ethereum (ETH) is trading around $1,565, holding above the critical $1,500 support level despite recent volatility. Whale accumulation has intensified, with large investors purchasing over $16 million in ETH, signaling a potential bullish reversal. However, technical analysis points to resistance near $1,665, which if not broken, could push ETH down toward the $945 zone. A decisive breakout above $2,045 would invalidate the bearish scenario. Market sentiment is cautiously optimistic, buoyed by factors such as the expiration of major options contracts and Hong Kong's approval of staking for spot ETH ETFs—developments that could drive increased institutional participation. Despite a recent 4% dip, ETH's resilience and positive regulatory momentum are viewed as supportive for future gains. Looking longer term, Ethereum is projected to reach between $3,500 and $3,700 by the end of 2025, driven by growing demand for decentralized applications and strong investor confidence.
