ETHEREUM Analysis 7th April 2025

Support at $1.6k, the make-or-break zone of the ETH downtrend. This is the first gap price (FVG) after the breakout of the uptrend that started in March 2020 and ATH made. If it does not return, it will want to quickly return to $1.8K resistance. Otherwise, the decline will continue until the $1.25K level. This area is also the area where institutional demand for Eth may occur. Considering the global economic data, it seems likely that the downtrend will continue …

By: Halis APA

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