🚀 Ethereum Price Analysis: Key Short-Term Targets for ETH 📊

📈 Ethereum (ETH) followed Bitcoin’s bullish trend on April 22, ending a multi-week correction. ETH’s trading volume surged by 36%, reaching $20B. For the first time since April 6, ETH rallied beyond $1.7K.

🐋 Ethereum Whales Return
Ethereum’s adoption is growing, with rising tokenization of real-world assets driving more whale activity. Data from Lookonchain shows a whale accumulating 48,477 ETH since February 15, despite a $21M loss. Additionally, cash outflows from U.S. spot Ether ETFs have dropped, signaling growing market confidence.

🔮 Midterm Price Target for ETH
ETH has broken through its daily falling logarithmic trend for the first time since President Trump’s second inauguration, establishing strong support above $1,500. From a technical analysis perspective, the MACD is nearing a bullish crossover, and the RSI is forming a bullish divergence. A reversal will be confirmed if the RSI consistently closes above 50%.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.