$ETH

Technical and Market Analysis

• Support and Resistance: ETH faces resistance at the 50-day moving average near $1,819, with strong support at $1,660. If this support is broken, the price may head towards $1,380, which is a previous low in April. 

• Whale Activity: The market has seen significant purchases by whales, with one buying 8,012 ETH at a price of $1,779, making a profit of $159,000 in 10 days, indicating confidence from some large investors in price stability in the short term. 

• Future Expectations: Some analysts expect the price of ETH to reach $1,916 in the coming days, with the potential to hit $2,115 by the end of April, based on current technical analyses. 

Summary

Despite the recent decline, there are signs of increasing interest from large investors, which may support price stability or even a rise in the near future. However, support and resistance levels should be carefully monitored, as breaking them could lead to significant price movements.