$ETH

#EthereumFuture Ethereum has recently experienced a notable surge, gaining around 10% over the past week. This uptick is attributed to several factors, including the anticipation of the upcoming Pectra upgrade, which is expected to enhance staking efficiency and network scalability. 

Institutional interest in Ethereum is also on the rise. On April 25, 2025, Ethereum ETFs reported a net inflow of 31,199 ETH, valued at approximately $55.5 million, with BlackRock’s iShares Ethereum ETF leading with an inflow of 22,704 ETH. 

Technical Analysis

From a technical standpoint, Ethereum is showing early bullish signals. The 5-day and 10-day moving averages have moved to $1,709 and $1,660, respectively, both now sitting below the current price, which is a typical early indicator of a bullish shift. The Relative Strength Index (RSI) is hovering near 56.5, reflecting neutral territory, suggesting there’s still room for further price movement. 

Support levels are holding firm at $1,623, $1,490, and $1,422. On the upside, resistance lies at $1,824, followed by $1,892 and $2,025. A sustained breakout above the $1,900 level would be a clearer signal of broader market confidence returning.