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April 22, 2025
Ethereum just suddenly surged, making up for the rise, after all, Bitcoin has risen so much, and it seems a bit excessive that Ethereum hasn't surpassed 1600 yet. It successfully reached around 1630, so we can keep an eye on whether there is still momentum to continue rising!
Focus points:
The upper pressure is still in the range of 1688-1700, where selling pressure is quite serious. The next level up is the pressure at 1750. On the downside, pay attention to any small-scale closing patterns; there is really no supportive strength to speak of!