$ETH
As of Wednesday, April 23, 2025, at 10:55 PM (Bangladesh time), here's a summary of recent Binance posts related to Ethereum (ETH):
**Recent Price Movements & Analysis:**
* **Bullish Surge:** ETH has shown significant upward movement. One post highlighted a 14.05% increase in 24 hours, surpassing the 1,800 USDT mark. Another noted a 15% surge in 24 hours, aiming to break the $1,900 resistance.
* **Analyst Optimism:** Some analysts on Binance Square are very optimistic about ETH's potential, suggesting it could be a "last golden chance" before a potential 2025 bull run and could reach $5,000+.
* **Short Squeeze:** Part of the recent rally is attributed to a short squeeze, where traders covering their bearish positions fueled the price increase.
* **Key Levels:** Traders are closely watching resistance levels around $1,850 - $1,900, with a breakout potentially leading to $2,000 and beyond. Support levels are also being monitored for potential entry points.
**Institutional Activity:**
* **Galaxy Digital:** There's a report of Galaxy Digital shifting from ETH to Solana (SOL), depositing ETH on Binance and withdrawing significant amounts of SOL.
* **Ethereum Foundation:** An old wallet linked to the Ethereum Foundation moved 1,000 ETH to Kraken. The foundation also reportedly sold some ETH in 2024.
**Technical Outlook:**
* **Oversold Conditions:** ETH was reportedly oversold on daily and weekly charts before the recent rebound, suggesting a potential for further recovery.
* **Market Dominance:** ETH's market dominance, which had fallen, has started to recover.
**Other Notable Points:**
* **ETH 2.0 Upgrades:** The ongoing upgrades are seen as a positive factor for institutional interest and future price potential.
* **Ethereum Foundation Focus:** The Ethereum Foundation's focus on creating a reliable infrastructure for developers and the importance of ETH investors are being discussed.
To get the most up-to-date information and see the actual posts, you should visit the Binance Square platform directly. Search for "ETH" or "Ethereum" to see the latest.