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Ethereum on the Verge of a Reversal

28 Apr 2025by CryptoJazz Admin1 min read1 views
Ethereum on the Verge of a Reversal

🔷Over the past week, Ethereum has strengthened by 14%, showing steady growth. However, the BBTrend indicator signals a weakening of the upward momentum, increasing the risk of a pullback or a shift to sideways movement. Activity among large ETH holders remains stable, as whales are not rushing to increase their positions, waiting for new catalysts for further growth.

🔷Technically, Ethereum maintains a bullish trend, but breaking through the resistance at $1,828 remains a key task. A successful breakout above the $2,000 level would open the path to new highs, but if selling pressure mounts, the altcoin risks correcting down to $1,749 or lower.

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