As of April 26, 2025, the price of Ethereum (ETH) is approximately $1,796.67, with a daily high of $1,849.82 and a low of $1,785.73. Recently, the price of ETH has rebounded over 28% from the low of $1,400 at the beginning of April, showing strong upward momentum.

Technical analysis indicates that ETH has broken through a symmetrical triangle pattern, and the weekly chart displays strong bullish signals, suggesting the possibility of entering a new upward trend. Market analysts point out that if ETH can stabilize above $1,800, the next target could be $2,000.

On the fundamental side, the U.S. Securities and Exchange Commission (SEC) approved options trading for Ethereum spot ETFs in early April, providing investors with more risk management tools and enhancing market liquidity and attractiveness.

Additionally, data shows that over the past week, accumulation addresses have purchased more than 1.11 million ETH, indicating that investors are optimistic about Ethereum's long-term prospects.

Overall, driven by both technical and fundamental tailwinds, Ethereum is expected to continue rising in the short term. Investors should pay attention to key support levels and market dynamics while carefully developing trading strategies.