$ETH

**🔥 Updated Analysis: Ethereum (ETH) at $1,798 - Buying Opportunity or Upcoming Correction? (April 23, 2025) 🔍**

📈 **ETH Performance Today:**

- Current Price: **$1,798** (+3.8% over 24 hours)

- Trading Volume: **$7.9 billion** (+15% from yesterday)

- Market Dominance: **17.1%** (Highest level in 8 weeks)

**📊 Price Movement Analysis:

1️⃣ **Key Levels:**

- Resistance: $1,825 (Peak of the upward channel)

- Support: $1,765 (Main demand area)

- Upside Target: $1,900 if it breaks $1,825

2️⃣ **Technical Indicators:**

- RSI: 58 (Healthy trend without overbought conditions)

- MACD: Bullish crossover for 48 hours

- Trading volume above average by 18%

**💡 Market Drivers:

- "Braga" upgrade reduced gas fees by 12% this month

- ETH futures close reached $4.2 billion (23% higher)

- ETH fund inflows reached +$98 million daily

**⚠️ Risks to Watch:**

- Strong resistance at $1,800-$1,825

- Exchange inventories decreased by 2.1% this week

- Reports of large wallet movements (5,000+ ETH)

**📌 Suggested Trading Strategy:**

- Ideal Buying Zones: $1,760-$1,780

- Stop Loss: Below $1,740

- Take Profit at: $1,820 then $1,880

🚀 **Will we see $2,000 soon? Share your predictions!** ⬇️

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(All data is accurate as of 10:00 PM UTC 23/4/2025 - Source: CoinMarketCap, Glassnode, TradingView)