Trader Predicts Bearish Trend for Ethereum, Highlights Key Levels
- Ethereum (ETH) is currently trading at $1,764, down 2.2% in the last 24 hours.
- ETH needs to reclaim the $2,000 level as support to signal a bullish trend shift.
- Key support levels for ETH are around $1,670 and $1,540.
- Bitcoin (BTC) is trading at $93,506 and needs to hold above $90,000 on the weekly chart to confirm a bullish trend.
The trader known as DonAlt warns that Ethereum appears bearish unless it reclaims critical support levels. Bitcoin shows potential for a bullish trend if it maintains its current position above key thresholds.
Source (2.6)https://dailyhodl.com/2025/04/25/trader-who-nailed-2022-bitcoin-bottom-says-ethereum-looks-massively-bearish-outlines-eths-path-to-bullish-trend/?rand=59076