Ethereum (ETH) Trading Strategy – April 24, 2025
Current Price: $1,757.71 (Binance)
Market Overview:
ETH is consolidating under $1,800 resistance with strong support at $1,720. Despite a 2.2% drop, bullish momentum is supported by ETF inflows ($38.8M) and whale accumulation ($21.7M). The upcoming Pectra upgrade adds to positive sentiment.
Key Levels:
Support: $1,720
Resistance: $1,800 / $1,820
Stop-loss: Below $1,700
Target: $1,900 / $2,000+
Indicators & Setup:
MACD: Bullish crossover
RSI: Neutral zone
Above 100H SMA = short-term strength
Strategy:
Scalping (1H–4H):
Entry: Above $1,770
TP: $1,800 / $1,820
SL: Below $1,750
Swing Trading (Daily):
Buy dips near $1,720–$1,730
TP: $1,900 / $2,000
SL: Below $1,700
Position Trading (Weekly):
Accumulate above $1,700
TP: $2,200
SL: $1,650
Tips:
Watch ETF flows and upgrade news
Use 1–2% capital per trade
Set alerts at $1,720 / $1,800 / $1,820
ETH is stable with bullish potential—stay ready for breakout moves.
Tarde here$ETH