不可妄言

The price of #ETH ETH shows a mixed trend of bulls and bears. The price is at $1800, tested at the defensive replenishment point of $1850 yesterday. If it falls below $1800, the bullish trend faces challenges. From a technical analysis perspective:
- Daily Chart: The EMA trend indicator shows a strong bearish trend, with short-term pullback contraction. EMA15 and EMA30 have contracted to around $1720 but are still stretching upwards; the MACD indicator has seen continuous volume reduction, with DIF originally breaking the 0 axis, and the K-line has retraced below $1800, hindering the bulls. DIF and DEA still maintain a bullish trend, while the K-line is consolidating below the upper Bollinger Band at $1840.
- Four-hour Chart: Entering an ascending channel, with the bottom rising and the upper pressure level moving up. The EMA30 support level is at $1770, and the ascending trend line pressure level is focused on $1870; the MACD shows a top divergence with reduced volume accumulation, and DIF and DEA are expanding downwards at high levels; the Bollinger Band is consolidating at a high level, with the upper pressure level at $1825 and the lower support level at $1760.

In terms of trading strategy, it is recommended to prioritize safety, set appropriate stop-losses, and aim for small losses with large gains. For a northern entry point, try positions at $1780 - $1750, with a defensive level at $1720, a stop-loss of 30 points, and a target of $1820 - $1840; if broken upward, it could reach $1870.
For a southern entry point, try positions at $1800 - $1820, with a defensive level at $1850, a stop-loss of 30 points, and a target of $1800 - $1710; if broken downward, it could reach $1650.

On April 23, 2025, Ethereum (ETH) exhibited strong growth momentum, becoming the focus of the cryptocurrency market
Price Trend Analysis
In the past month, Ethereum has experienced significant price fluctuations. From March 23, 2025, to April 23, 2025, the ETH price peaked at $1,953.57 (on April 2) and fell to a low of $1,388.12 (on April 9). During this period, ETH saw several large fluctuations, such as the jump from $1,473.05 to $1,669.74 on April 9, with a single-day increase of 13.33%; on April 22, it surged from $1,578.44 to $1,756.11, an increase of 11.18%. These fluctuations indicate that Ethereum is continuously rebounding under technical pressure, forming a short to medium-term 'V-shaped reversal' pattern.
Technical Patterns and Market Background
From a technical perspective, Ethereum's moving averages indicate that the price has regained the 10-day and 20-day moving averages, showing a golden cross pattern with further upward momentum. The short-term support level is at $1,745 (the lowest price on April 23); if this is broken or retested in the $1,700 range, it may face correction pressure. The upper resistance level is initially at $1,800, and after breaking through, the next technical resistance level is in the $1,925-$1,950 range, close to the early month high.

In terms of market background, the recent signals from the U.S. Federal Reserve meeting indicate expectations for interest rate cuts, leading to a weaker dollar index and prompting funds to flow into high-risk asset markets, including cryptocurrencies. Additionally, the staking ratio of Ethereum has reached a new high, exceeding 20%, reducing circulating chips and creating a new logic for supply and demand balance. The Layer 2 ecosystem (such as Arbitrum, Optimism) is flourishing, continuously increasing the actual usage demand for the main chain ETH, further supporting the rise in Ethereum's price.
Market Outlook
Looking ahead, Ethereum faces a situation of both opportunities and risks. If Ethereum stabilizes above $1,800, it may challenge the early month high of $1,925; if it breaks through successfully, it will aim for the psychological threshold of $2,000. However, if global liquidity tightens or U.S. Treasury yields rise again, the cryptocurrency market may face a phase of correction.