Ethereum

Ethereum Market Snapshot (May 1, 2025)
Price: ~$1,800–$3,300, down 1.4%–8% in 24 hours.
Sentiment: Mixed—short-term bearish, long-term bullish.
Key Factors:
Bearish: Struggling at $2,500 resistance, support at $1,750–$2,100.
Bullish: Pectra upgrade (May 7), Layer-2 growth, $3.5B BlackRock ETF.
Technicals: Neutral RSI (41–55), rising 50-day MA, falling 200-day MA.
Outlook:
Bullish: $5,500–$8,000 by year-end if upgrades and ETFs drive demand.
Bearish: Risk of $1,600–$1,700 if support breaks.
Watch: Pectra upgrade, ETF flows, macro trends (e.g., U.S. rates).
Note: Markets are volatile; do your own research.