Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, continues its movement in a market characterized by a lot of anticipation and volatility.

Today, April 25, 2025, Ethereum is trading near levels of $1765, down slightly by about 1.2% over the last 24 hours.

What is happening exactly?

Trading volume has decreased slightly compared to last week, indicating caution among traders and a lack of clarity in the near-term direction.

Major investors (whales) continue to accumulate additional amounts of ETH, demonstrating long-term confidence.

Technically, the price maintains strong support around the $1750-$1740 area, which is considered critical to avoid losing upward momentum.

Positive news on the horizon:

Increased institutional interest in preparing Ethereum-based ETF products.

Rising use of the Ethereum network with the growth of AI and DeFi-based projects.

Continued burning of coins (ETH Burn) which reduces the available supply and helps support the price in the future.

Current challenges:

Continued volatility in cryptocurrency markets in general due to global economic conditions.

Strong psychological resistance for Ethereum at the $1800 level that must be broken to initiate a clear rise towards higher targets.

Technical outlook:

If ETH manages to stabilize above $1800 in the coming days, we may see targeting levels of $1880 - $1900 in the near term. However, if it breaks below $1740.