The cryptom markets experience a powerful bullish golf, marked by the Bitcoin outbreak and a wide shift in the feelings. April 2025 has proven to be exceptionally turbulent for Ethereum, because the month started showing attempts to recover, after he recently posted a 30-day high point of $ 2,078. However, this momentum was short-lived when the market entered a pronounced bearish phase, powered by the macro-economic caution and shift in the market sentiments.
During the month, the ETH prize experienced a steep decrease and reached a low point of 30 days of $ 1386. The traders hurried to Derisk portfolios, which led to heavy sales pressure, which contributed to the slide. Moreover, whale activity has been added to market jits, but the technical means that remain around the average range indicate a weak bullish momentum and a limited enthusiasm for a quick recovery.
Despite a decent recovery, the ETH price continues to be traded under a biotable influence. De Beren is currently trying hard to limit the rally below $ 1800 while the Bullish Momentum stumbles after rising above $ 1780. The conversion and base lines have undergone a bullish crossover, but the Ichimoku cloud still has to be bullish, which could refer to a potential retreat for a while. However, if the feelings turn around in favor of the bulls, the price can secure the resistance to $ 1800 and later above $ 2000, which can initiate a new bullish rally.
How high can the price of Ethereum (ETH) go in 2025?
The Ethereum price in the long term is the blinking of mass bullish signals, because the token of the bottom seems to have returned. The current trade setup seems to be identical to those of the previous bull runs and therefore it can be speculated on the basis of this that the ETH price can undergo a huge revival and will soon be able to reach a 5-digit figure.
A popular analyst, Cryptorover, shared the historical graph of Ethereum and pointed to the similarities between the current price action and the previous one. The analyst said that the ETH price repeats history, which could lead to an increase of 3000%, as happened in 2021. If a similar increase occurs, the Ethereum price can not only reach a 5-digit figure, but also far above this range to form a new ATH.
Credit : coinpedia.org
