$ETH

🪙 Ethereum Market Analysis $ETH

ETH

1,601.38

+0.81%

– April 19, 2025

Current price: $1,599.39

High/Low today: $1,607.01 / $1,581.08

Trading volume: $5.98 billion

Fear and Greed Index: 33 (😨 Fear)

Overall trend: 🔻 Bearish with 91% pessimism

📉 Technical Analysis:

A bullish candlestick pattern (📈 "Bullish Engulfing") is visible on the weekly chart, indicating a potential beginning of a recovery.

No strong movement yet, but there is relative price stability.

🔮 Near-term predictions:

The price could reach $1,860 within a week (+16%).

The anticipated "Pectra" update on April 30 may support the rise.

✅ Summary:

The market is currently in a cautious state with slight bullish signals. If the technical momentum continues and positive updates are released, we may see a gradual increase in the coming days. It is advisable to monitor news and network updates before making a buy or sell decision.