#ETH

Current Status and Technical Analysis:

* Low Levels: According to some analyzes, ETH has seen its lowest levels in the last two years (below $ 1500 as of early April 2025). This situation may be considered as a buying opportunity for some investors.
* Oversold Status: RSI (Relative Strength Index), one of the technical indicators, has approached or entered the oversold zone in some time frames. This can generally indicate the possibility of a recovery.
* Support Levels: Some analysts state that there are important support levels for ETH. Holding above these levels may mean that an upward movement may begin. For example, the support zone in 2023, around $ 1500, is monitored as an important level.
* Moving Averages: Long-term moving averages (e.g. 200-day) may still be moving above the price. This may indicate that the long-term trend has not changed yet, but short-term recoveries may be possible.
* Market Sentiment: General cryptocurrency market sentiment and Bitcoin’s performance can also influence ETH’s price movements. Macroeconomic events like Trump’s tariffs can also create uncertainty in the market.#Trump Pauses Tariff Policies