$ETH Ethereum is navigating a volatile April 2025, currently trading around $1,613. Despite a 45% decline year-to-date, recent indicators suggest a potential rebound. Open interest has surged to $21.6 billion, reflecting renewed investor confidence . The upcoming PECTRA upgrade, scheduled for April 30, aims to enhance scalability and performance, potentially influencing ETH's trajectory . Analysts forecast a possible rally towards $2,600 in the coming weeks . However, ETH faces resistance near $2,100, with support levels around $1,974 . As Ethereum approaches this critical juncture, traders are closely monitoring market sentiment and macroeconomic factors to gauge its next move.