Ethereum (ETH) Market Update – April 26, 2025
Ethereum is currently trading at $1,793.23, up 1.5% today. Price range in the last 24 hours: $1,765 – $1,820.
Key Highlights:
Institutional Interest: Fidelity just purchased $35.9M worth of ETH, signaling strong long-term confidence.
Whale Activity: A major whale shorted 4,000 ETH at $1,808 despite recent losses, showing cautious market sentiment.
Technical View: ETH is still trading below its 50-day EMA (~$2,600), suggesting potential resistance ahead.
Tomorrow’s Price Prediction (April 27, 2025):
Expected range: $1,820 – $1,850, assuming continued stability and institutional buying.
My Take as a Trader:
ETH is showing signs of strength, but resistance levels and whale behavior suggest a careful, watchful approach. Ideal for short-term gains with a tight stop-loss strategy.#EthereumFuture