In the last few hours as of April 27, 2025, ETH has shown modest price movement, trading around $1,800-$1,811, with a slight uptick of approximately 1.34% over the past 24 hours. Posts on X indicate a bullish sentiment, noting ETH’s resilience with support holding near $1,766 and resistance around $1,878.

Technical indicators, such as a forming falling wedge and rising MACD, suggest potential for a breakout if momentum strengthens. However, whale activity, including sales of over 63,000 ETH ($113.5 million) in the past 48 hours, points to profit-taking, contributing to market volatility. On-chain data shows increased trading activity, with over 80,000 ETH sent to derivative exchanges, hinting at speculative interest. Despite a bearish short-term outlook from some technical indicators (RSI at 57.01, neutral), ETF inflows and Layer 2 volume growth bolster optimism for ETH’s near-term performance.#xrpetf