ETH Analysis: April 28, 2025 Daily Chart
Ethereum has started to strengthen, just recently making a collective dip, and has now begun to rise strongly, with the current price having surged to around 1820. The upper short-term resistance at the previous high of 1850 can be monitored for a potential breakthrough!
Trend Analysis:
From the four-hour chart, Ethereum is still within a range of sideways consolidation, and there are currently no signs of a breakout from this range. Pay attention to tonight's U.S. stock market opening to see if it can drive a breakout trend in the crypto market. The short-term resistance to watch is at 1850; if broken, it could potentially challenge the significant resistance at 1950. On the downside, just keep an eye on the support at 1750!
