$ETH

Is the explosion imminent, or has the pullback begun?

Current price: approximately $1,774–$1,793 (as of April 25, TradingView data). It has risen by 11% this week, but investors remain cautious — short-term holders are taking profits, increasing downward pressure.

Key price levels:

▫️ Resistance levels: $1,796 → $1,906 → psychological barrier $2,000. An explosion above $1,796 could trigger FOMO.

▫️ Support levels: $1,671 → $1,522 (deep pullback).

Factors driving the increase:

📈 Technical signals: The RSI indicator shows a bullish divergence, the price breaks above the downward channel.

💼 Futures data: The Ethereum ETF is experiencing a net inflow of $63.5 million in one day.