$ETH

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

📈 Ethereum (ETH) followed Bitcoin's upward trend on April 22, ending a multi-week correction. ETH trading volume increased by 36%, reaching $20B. For the first time since April 6, ETH recovered above $1.7K.

🐋 Return of Ethereum Whales

The adoption of Ethereum is growing, with an increase in the tokenization of real-world assets driving more whale activity. Lookonchain data shows a whale accumulating 48,477 ETH since February 15, despite a loss of $21M. Additionally, cash flows out of Ether ETFs in the U.S. spot market have decreased, signaling growing confidence in the market.

🔮 Medium-Term Price Target for ETH

ETH has surpassed its daily downward 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 approaching a bullish crossover, and the RSI is forming a bullish divergence. A reversal will be confirmed if the RSI consistently closes above 50%.

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This publication is for informational purposes only and does not constitute financial advice or endorsement.