$ETH Ethereum (ETH) – the second largest cryptocurrency in the world – is experiencing some very interesting developments in the last days of April 2025.

• Current price: ~$3,150

• Trend: Accumulation after a strong correction

• Important support: $3,000

• Resistance to overcome: $3,400

Highlights:

• Ethereum has just completed the Pectra upgrade to improve transaction speed and optimize gas fees.

• Spot ETH ETF funds are expected to be approved in the US in Q2 2025, potentially opening the floodgates for significant capital inflow into the market.

• The amount of ETH locked in staking continues to reach new records, indicating that long-term investors remain extremely confident.

Personal Opinion:

If ETH holds the support at $3,000 and Bitcoin continues its upward trend, there is a strong possibility that Ethereum will make a significant breakout in May, with a short-term target of $3,600 – $3,800.

Reference Strategy:

• Holders: Continue to hold long-term.

• Traders: Consider opening positions when the price retests the $3,000 – $3,100 range with confirming reversal signals.

Note: This is not investment advice. Please do thorough research and manage risks carefully!

#ETH #Ethereum #CryptoNews #AltcoinSeason