$ETH Ethereum (ETH) Update – April 26, 2025

Ethereum continues to show signs of strength, currently trading around $1,800, with a slight daily increase of about 1%. After weeks of volatility, the market seems to be stabilizing in a range between $1,770 and $1,830, while investors closely monitor institutional movements and key technical levels.

The renewed interest from financial giants like BlackRock and Fidelity, which have respectively invested $54 million and $35.9 million in ETH, suggests renewed confidence in the Ethereum project. Even ETH-related ETF funds are receiving consistent inflows, with over 57,900 ETH purchased without any outflows.

However, there are also mixed signals: a whale recently deposited nearly 3,000 ETH on Binance, introducing a hint of caution among traders.

Key support levels are at $1,700 and $1,650, while the main resistance levels are at $1,850 and $1,900. The overall sentiment is one of cautious optimism, with eyes on potential breakouts and the evolution of institutional flows.

#Ethereum #ETH #CryptoUpdate #Blockchain

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