Market Snapshot (as of May 7, 2025)



Current Price: $1,824.38 USD

24h Change: +1.2%

24h High / Low: $1,845.68 / $1,757.58

Market Cap: ~$220.3 Billion

Circulating Supply: ~120.7 Million ETH

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Technical Analysis

Trend: ETH is currently consolidating around $1,800. It’s in a tight range between $1,785 (support) and $1,850 (resistance).

Support Levels:

$1,785 (short-term)

$1,700 (stronger base)

Resistance Levels:

$1,850 (key barrier)

$1,950 (next major resistance)

Indicators:

RSI is near 50 (neutral)

Price is hovering close to the 50-day EMA, indicating indecision

---

Fundamental Factors

Ethereum 2.0 Upgrades: The network is now more scalable and energy-efficient after transitioning to proof-of-stake.

Staking: A large amount of ETH is staked, reducing circulating supply and potentially supporting the price.

Institutional Interest: Ethereum remains attractive due to its role in DeFi, NFTs, and smart contracts.

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Investment Strategy

Bullish Scenario: If ETH breaks above $1,850, it could target $1,950–$2,000 next.

Bearish Scenario: If ETH falls below $1,785, it might retest $1,700 or lower.

Neutral Stance: Traders are currently cautious, awaiting a breakout from this range.
ETH-7,81%
MAJOR3,1%
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BabaJivip
· 2025-06-03 03:42
🔥💥👍👍💪👴
Reply0
Maher0vip
· 2025-05-08 22:06
thank you for the information and sharing 🌹
Reply0
ShainingMoonvip
· 2025-05-08 04:55
go go and trad
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Satosh陌Nakamatovip
· 2025-05-08 00:02
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Crypto_Loversvip
· 2025-05-07 23:56
Interesting information [大哭]
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GateUser-e88e43f7vip
· 2025-05-07 21:22
Very interesting post, thanks for the information.
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Karadayi35vip
· 2025-05-07 21:04
I wish everyone good luck
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Robeivip
· 2025-05-07 14:53
Thanx
Reply0
BabaJivip
· 2025-05-07 13:43
👍👍
Reply0
Ryakpandavip
· 2025-05-07 07:59
Just go for it 💪
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