**Ethereum (ETH) Technical Analysis – May 2, 2025**

Ethereum is currently trading near 1,836 after a slight 24-hour dip of 0.10%. Despite the minor pullback, ETH is holding above a key support level, suggesting potential for a directional move soon.

**Key Technical Levels**

* Support: 1,800

* Resistance: 1,850

* Potential upside target: 2,000 (if breakout confirmed)

**Indicator Summary**

* RSI is around 49, signaling neutral momentum.

* The 20-day EMA is near 1,840 and acting as a short-term resistance.

* MACD shows a narrowing gap, hinting at a possible bullish crossover if buying pressure builds.

**Chart Pattern Insight**

ETH is consolidating within a symmetrical triangle on the 4-hour chart. This pattern often precedes a breakout. A move above 1,850 could open up space for a rally toward 2,000. However, a breakdown below 1,800 may invite a drop toward the 1,750–1,700 range.

**Market Sentiment**

ETF inflows remain positive, and accumulation is visible in on-chain data, showing long-term confidence. Traders are closely monitoring these levels for confirmation of the next move.

**Conclusion**

Ethereum is at a decision point. A strong breakout or breakdown from current levels will likely shape the short-term trend. Watch price action and volume carefully in the coming sessions.

**Disclaimer:** This analysis is for educational and informational purposes only. Always do your own research before making any investment decisions.

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