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Breaking through $2,000 will be significant, as this will be the first time ETH has traded above this psychological level since March 27.
ETH Analysis: Daily Chart for April 28, 2025
ETH has started to strengthen, just now there was a collective dip, and then it began to rise strongly. The current price has surged to around 1820, and the short-term resistance at 1850's previous high is worth watching to see if it can break through!
In terms of trend:
Currently, ETH is still in a sideways oscillation range on the four-hour chart, and there are no signs of a breakthrough from this range yet. Pay attention to the opening of the US stock market tonight to see if it can drive an upward breakout in the crypto market. The short-term resistance to watch above is at 1850, and a breakthrough there could potentially challenge the major resistance at 1950. Below, just focus on the support at 1750!
#ETH