$ETH Ethereum started 2025 with a decline. If on January 1 ETH was trading at $3,380, by the end of March the price of the cryptocurrency had lost the psychologically important level of $2,000. At one point, Ethereum dropped to $1,450, the level of October 2023. The behavior of the coin, like that of other altcoins, depends on the movements of the market leader, Bitcoin. Support for Ethereum's growth in 2025 may come from demand from buyers of spot ETFs on Ethereum. All movements on the charts indicate a phase of accumulation before a possible significant breakout. According to bullish forecasts, a breakout to $2,500 and a rise to $3,000-$3,500 by the end of the year. The bearish scenario, if the price does not hold above $2,000 and breaks support at $1,500, may lead to a drop to $1,200. There are significant macroeconomic risks, tightening of monetary policy, and increased pressure on cryptocurrencies. The most likely scenario, based on chart analysis, is a continuation of sideways movement in the range of $1,500-$2,500 for most of 2025. $BTC