Ethereum Stands at a Pivotal Moment: $1,800 Resistance Holds Strong
Ethereum Price Increase Prompts 1.11 Million Ether Accumulation - Will Ethereum Surpass $1,800?
Ethereum's price dipped slightly to $1,760 on Friday, but beneath the surface, bullish forces are gathering strength. An unexpected Ethereum price surge earlier in the week has led to massive accumulation, with over 1.11 million ETH added to wallets that have never sold. While Ethereum exchanges recorded net inflows of 178,900 ETH, suggesting profit-taking, on-chain signals such as net taker volume and address activity suggest growing bullish momentum for ETH. The struggle between profit-booking bears and long-term holders is far from over – will Ethereum push past the $1,800 resistance or surrender to the recent downtrend?
Unprecedented Ethereum Accumulation: Close to 2025 High
Ethereum accumulation addresses, wallets that have not moved ETH, experienced a record-breaking accumulation event, absorbing 1.11 million ETH in just one week – marking the strongest accumulation event of 2025. This resurrection in buying came as the Ethereum price hovered below $1,800, indicating that savvy investors see appreciation potential on the horizon. Nearly half of these purchases occurred after Tuesday's ETH price surge, fortifying the bullish sentiment. This accumulation trend aligns with decreasing net taker volume, indicating a weakening dominance from short traders. Typically, such spikes in accumulation signal larger rallies, especially when backed by long-term conviction and positive shifts in the ETH price outlook.
Chart 1 - ETH: Inflows into accumulation addresses, published on CryptoQuant, April 25, 2025.
Ethereum Flows: Mystery & Bullish Signs
Despite the promising on-chain signals, Ethereum still faces opposition. Investor uncertainty is signaled by net inflows of 178,900 ETH on April 24 – the largest day inflow of 2025. This significant shift indicates that following the recent ETH price surge, some traders opted to lock in gains or exit. Question marks remain regarding the sustainability of Ethereum's bullish momentum when it comes to exchange inflows, which often signify increased selling pressure.
Chart 2 - ETH: NetTakerVolume - Chart, published on CryptoQuant, April 25, 2025.
However, interestingly, while short positions have weakened, ETH’s price remains under pressure from the 50-day SMA at $1,800. For Ethereum to sustain its bullish momentum, it needs to find a foothold above $1,688. The Stochastic Oscillator is pulling back from overbought levels, and the Awesome Oscillator is producing red bars. A breakout toward $2,000 and possibly $2,200 may be imminent if the ETH price maintains this level.
Chart 3 - ETH: exchange netflow, published on CryptoQuant, April 25, 2025.
Break or Retreat? Ethereum's Struggle to Cross the $1,800 Threshold
Ethereum now teeters on the brink of a critical decision. The 50-day SMA and $1,800 resistance act as a double fortress preventing ETH's recent advancement. Should buyers hold their ground and breach this barrier, a renewed wave of institutional interest could drive a rally toward the $2,100-$2,200 range. A failure to hold above $1,688 might precipitate a deeper correction and test the descending trendline support. Indicators such as RSI remaining above neutral and continuous accumulation hint that bulls remain in control. The question remains: Will Ethereum conquer the $1,800 barrier?
Chart 4 - ETH/USDT price, provided by CryptoFXStreet, published on TradingView, April 25, 2025.
What's Next: Will the Ethereum Rally Endure or Crumble Under Stress?
To sustain the current ETH bullish momentum, Ethereum must push through the $1,800 resistance while holding above the $1,688 support. If accumulation continues and exchange outflows pick up again, Ethereum could surge towards the $2,000 zone. However, persisting net inflows and mixed indicators reflect caution among traders. The ETH price surge has emboldened bulls, but ongoing resistance and broader market pressures loom overhead. Traders should closely monitor exchange flows, RSI and volume strength to guide their decisions during this potential breakout or breakdown. Will Ethereum triumph over its barriers, or will temporary sentiment lead to a halt in the rally?
Enrichment Data:
Overall:
Ethereum faces a significant battle in breaking through the $1,800 resistance and continuing its bull rally. Factors that influence the outcome include:
- Current Market Sentiment: Ethereum has observed a considerable drop recently, bottoming out at $1,386 after a recovery attempt. The current price of around $1,780 suggests an ongoing battle to break through $1,800, as bearish forces try to cap the rise below this level.[1][2]
- Technical Indicators: The conversion and base lines have shown a bullish crossover, but the Ichimoku cloud remains bearish, hinting at potential setbacks.[1] This technical setup suggests caution rather than a clear bullish breakout.
- Market Dynamics: ETH has underperformed relative to Bitcoin and other major altcoins, with a steeper decline from its early 2025 peak. Factors such as overall market sentiment and potential modifications to federal reserve policies have a significant impact on price.[3]
- Long-Term Speculations: Some predictions anticipate that if Ethereum secures the $1,800 level, it could lead to a powerful rally that could elevate it to much higher prices by the end of the year or even beyond.[1][5] But these predictions are speculative and rely on various market and economic variables.
In conclusion, for Ethereum to successfully break through $1,800, it will need to overcome significant opposition. The immediate future will likely be shaped by broader market trends and sentiment shifts rather than solely technical indicators. If the market shifts favorably towards bulls, Ethereum could sustain its rally; otherwise, it might return to its downtrend channel.
- The record-breaking Ethereum accumulation event of 2025 saw the absorption of 1.11 million ETH by long-term investors, signaling a potential rally on the horizon.
- On Friday, Ethereum's price dipped slightly below $1,800, but bullish forces have been gathering strength, leading to massive accumulation.
- Despite promising on-chain signals, Ethereum's price remains under pressure from the $1,800 resistance and the 50-day SMA.
- If Ethereum can push through the $1,800 resistance and hold above the $1,688 support, it could surge towards the $2,000 zone and attract institutional interest.
- For the current ETH bullish momentum to sustain, traders should closely monitor exchange flows, RSI, and volume strength.
- The outcome of Ethereum's battle to break through the $1,800 resistance depends on a combination of current market sentiment, technical indicators, market dynamics, and long-term speculations.
