Breaking - Ethereum (ETH) is showing strong bullish momentum as April 2025 draws to a close, with multiple technical and on-chain indicators suggesting a significant upward move is underway.
🔥 Why #ETH Is Poised to Surge
Technical Breakout: ETH recently broke above the $1,790 resistance level, signaling a bullish shift. Analysts suggest this could lead to a rally toward $3,600, especially with institutional interest growing.
Institutional Inflows: Ethereum ETFs have seen increased inflows, with a notable $38.7 million boost propelling ETH past $1,800. This institutional demand is a strong bullish indicator #FX Leaders.
Whale Accumulation: Large holders have accumulated over 1.11 million ETH in the past week, indicating strong confidence in Ethereum's future performance #FXStreet
Bullish Technical Indicators: The Relative Strength Index (RSI) is trending upward, and ETH is holding above key support levels. Analysts predict that maintaining support above $1,720 could pave the way for a rise toward $1,850 and potentially $2,000
📈 What's Next?
If ETH maintains its current momentum and breaks through the $1,850 resistance, it could target the $2,000 mark in the near term. Further, some forecasts suggest that ETH could reach up to $5,961 by the end of 2025, depending on market conditions #BİNANCE
🚀 Bottom Line
Ethereum is showing strong signs of a bullish trend, supported by technical breakouts, institutional investments, and whale accumulation. Traders and investors should monitor key resistance levels and market indicators to capitalize on potential gains.