$eth Ethereum (ETH) recent trends are influenced by multiple factors. At the beginning of 2025, after bottoming out at $1400, the ETH price rebounded to around $1800, indicating a short-term bottom signal. However, the overall trend is weak, with the weekly chart showing bottom divergence and oversold conditions, suggesting a potential rebound. Nevertheless, ETH remains below the 20, 50, and 200-day moving averages, with resistance levels between $1700-$2600, and an RSI of approximately 41.39, indicating insufficient momentum. Trump's suspension of certain tariffs may boost market sentiment, providing short-term benefits for ETH, but the escalation of the Sino-American trade war could increase economic uncertainty and suppress prices. The Pectra upgrade (May 7) will enhance network efficiency, potentially benefiting the long term. ETH is expected to fluctuate between $1500-$2500 in the short term, needing to break through $2000 to confirm a rebound. Investors should pay attention to changes in the macro economy and technical aspects.