$ETH As of April 23, 2025, Ethereum (ETH) is experiencing notable volatility and a recent upward trend. Over the past 24 hours, ETH has shown a significant increase, trading around $1,800 after a prior dip. This surge is part of a broader recovery in the cryptocurrency market. Technical analysis suggests that ETH is testing resistance levels around $1,900, and a break above this point could signal further gains. However, failure to hold support at lower levels could lead to renewed bearish pressure. Investors are closely watching market sentiment and trading volumes to gauge the sustainability of this rally. Key upcoming events, such as the Pectra upgrade expected on May 7, which aims to improve scalability, could also influence future price movements.
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