$ETH Here are the latest developments regarding Ethereum (ETH) as of Friday, April 25, 2025:
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📈 Price Performance and Technical Analysis
Current Price: The price of Ethereum ranges between $1,739 and $1,792, with slight fluctuations over the past 24 hours.
Trading Volume: The daily trading volume reached approximately $14.2 billion, indicating strong market activity.
Technical Analysis: Technical indicators suggest continuous selling pressure, with notable resistance at the $1,800 level, which may hinder future upward movements.
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🔍 Network Activity and Accumulation
Accumulation Addresses: Accumulation addresses experienced a record inflow of 449,000 ETH in one day, reflecting investor interest in buying on dips.
Upward Momentum: Despite the selling pressures, the decrease in net trading volume indicates exhaustion among sellers, which may pave the way for gradual upward momentum.
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📊 Future Forecasts
Price Forecast: There are expectations for the price of Ethereum to rise to levels between $2,000 and $2,600 in the coming weeks, supported by increased demand for digital assets and a recovery in risk appetite.
Challenges: Despite these positive forecasts, challenges remain in the form of weak decentralized finance (DeFi) activity and a long-term bearish trend, which may affect the chances of a full recovery.
