As of the night of April 10, 2026, the price of Ethereum (ETH) is around $2,250 USD, up 3.85% in 24 hours, in a “technical rebound + fundamental divergence” recovery stage.

📈 Capital Price and Sentiment
Short-term movement: following the BTC market rebound, but there is significant selling pressure in the $2,250–$2,300 USD range. The main support is at $2,100 USD (daily middle line), if it fails to hold, it could return to the psychological level of $2,000 USD.
Capital speculation: the recent rise is accompanied by a decrease in volume, including in “stock capital games,” a lack of new funds driving the market, and an imbalance between bullish and bearish sentiments around $2,250 USD.
⚠️ Fundamental “Divergence” Risk
High on-chain activity, stagnant token prices: daily active Ethereum addresses reach a record high (over 770,000), but ETH prices have fallen about 30% over the past six months. This “high activity + low price” divergence indicates that network value has not been effectively channeled into token prices.
Value capture challenge: despite active Layer2 and ecosystem, much transaction fee revenue is diverted to sidechains and L2, and ETH’s ability to capture value as a base asset on the mainnet is being eroded.
🎯 Key Levels and Strategies
Observation zone: $2,100–$2,300 USD. If it breaks through $2,300, it could head toward $2,450; if it breaks below $2,100, it turns bearish.
ETH is currently in a high-volatility recovery phase and faces structural risks from fundamental and price imbalances. Do not ignore policy and market risks just because of a one-day rebound. #Gate广场四月发帖挑战