Ethereum Stuck Around $1,800: Why Is ETH Not Moving?
Posted On April 29, 2025
Ethereum (CRYPTO: ETH) has been trading mostly sideways over the past month, but new developments in Ethereum’s governance model and encouraging technical signals suggest a bullish pivot could be near.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Ethereum (CRYPTO: ETH) | $1,815.96 | $219.2 billion | +2.9% | +6.9% |
Bitcoin (CRYPTO: BTC) | $94,812.88 | $1.88 trillion | +0.96% | +4.5% |
XRP (CRYPTO: XRP) | $2.28 | $133.3 billion | +0.95% | +5.7% |
Trader Notes: Crypto analyst Astronomer says Ethereum has officially bottomed out, calling the current $1,500–$2,000 range a high-reward entry.
Drawing parallels to his accurate Bitcoin bottom call near $77,000, he argues ETH’s cycle typically mirrors BTC — both in tops and bottoms.
Technically, ETH has just reclaimed a key monthly breakout level after a false breakdown, with equal highs near $4,000 remaining a likely target.
Macro tailwinds, including weakening U.S. Dollar Index …