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Cryptocurrency News Articles
Ethereum (ETH) Battles Resistance As Bulls Aim For Breakout Against Bitcoin (BTC)
Apr 30, 2025 at 04:30 am
Ethereum is currently trading above the $1,800 mark, holding strong after weeks of volatility but struggling to reclaim the critical $2,000 resistance level.
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Ethereum is currently trading above the $1,800 mark, holding strong after weeks of volatility but struggling to reclaim the critical $2,000 resistance level. Bulls have managed to push prices higher, yet momentum must continue building for a full breakout.
Analysts are closely watching Ethereum's movements, noting that the market is preparing for a decisive move that could shape the coming weeks. Global macroeconomic tensions remain a challenge, but optimism is growing across crypto markets.
Top analyst Daan shared insights revealing that ETH is still consolidating within its current range against Bitcoin (BTC). According to his analysis, he's watching the local range high around the 0.02 BTC level closely. A successful break above this key range could signal a major shift in market dynamics, potentially sparking a multi-week decline in Bitcoin dominance led by Ethereum.
This would likely trigger an increased risk appetite toward altcoins, as investors rotate capital away from Bitcoin and into higher-risk assets. For now, Ethereum continues to move within its range, and bulls must act fast to reclaim momentum. If ETH can push through these resistance levels, the stage would be set for a major rally across the altcoin sector, with Ethereum leading the charge.
"For the broader picture, a move below 0.0185 BTC would confirm that the current downtrend is continuing. Otherwise, I'm closely watching how this range plays out. A confirmed breakout followed by a structure flip would offer a much clearer bullish signal," Daan stated.
Ethereum is battling resistance at the $1,850 level as bulls aim for a breakout. After bouncing back strongly from the lows, forming a bullish structure in lower time frames, and breaking above the key $1,700 level, the next resistance to watch is the $1,850 zone.
However, persistent selling pressure at this level threatens to invalidate the structure unless buyers can step in with enough force to push the price higher.
Many analysts expect a decisive move in the coming days, with either a breakout above $1,850 setting the stage for a rally toward $2,100 or a failure to break through leading to another leg down toward the $1,700 level.
A successful breakout and daily close above $1,850 would be an encouraging signal, but failure to follow through could quickly lead to another round of selling pressure, dragging Ethereum back to the $1,700 zone or even lower.
On the bearish side, if Ethereum fails to hold the $1,800 range and experiences a false breakout above $1,850, it could trigger a deeper correction toward the $1,600 or even $1,500 level.
Traders and investors are watching closely, as the coming days could mark a major turning point for Ethereum's medium-term structure. A breakout above the $1,850 zone would open the door for further gains toward the $2,100–$2,000 resistance, setting the stage for a potential reversal of the broader downtrend from all-time highs.
The post Ethereum Remains Critical As Bulls Aim For Breakout Against BTC appeared first on OpenChainz.
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