As of April 2025, Ethereum (ETH) has experienced significant price fluctuations and is generally at a relatively low level. Its price fluctuates between $1400 and $1520, well below the highs of some periods in 2024.

In the short term, Ethereum may continue to fluctuate in the $1400 - $2000 range, with a breakthrough relying on strong market catalysts such as favorable policies or technological breakthroughs. Currently, there is insufficient upward momentum, and market sentiment is cautious. Some believe that Ethereum may be approaching the bottom of a bear market, while others worry it may fall below the lowest point of the previous bear market.

In the medium term, if the macro economy improves and the Ethereum ecosystem continues to develop, the price may rebound to the $3000 - $5000 range, but reaching $10,000 will still require more positive drivers.

In the long term, Ethereum's trajectory will depend on its technological upgrades, such as further decentralization or energy consumption optimization, as well as the demand in the DeFi and NFT markets, and the competitive outcomes with other cryptocurrencies like Bitcoin.