Technical Analysis Report: ETH/USDT — April 11, 2025

$ETH Ethereum is making a quiet but powerful move! Currently trading at $1,559.86 with a strong +4.37% intraday surge, ETH is rebounding from a solid support zone near $1,471 and eyeing a retest of the $1,585 resistance. The current price is slightly below the 60-period MA at $1,563.40, hinting that a breakout is brewing. With a staggering 696K ETH traded and $1.07B USDT in volume, the market energy is building, and bulls are starting to roar back into the scene.

Traders should watch for a decisive move above $1,570, which could open the gates to $1,600+ in the short term. Smart money will spot the divergence — while the chart shows hesitation, the volume tells a different story. For investors, this is a golden window to accumulate before ETH explodes past key resistance. Eyes on the charts — Ethereum is preparing to ignite!