30-4-2025 – Ethereum’s market dynamics have undergone a remarkable transformation, hinting at a robust resurgence. Technical analysis reveals that the cryptocurrency has surmounted critical barriers, with market observers noting a decisive shift in its trajectory. Analysts now pinpoint the $1,500 mark as a pivotal stronghold where bullish forces have firmly reasserted dominance, setting the stage for a potential ascent beyond $4,000.
SwallowAcademy, a prominent crypto analyst, recently dissected Ethereum’s weekly candlestick patterns, highlighting a significant market structure break just above the $1,500 threshold. Earlier this month, Ethereum briefly plummeted to $1,415, a level that seemed poised to usher in further declines. Yet, this dip triggered an aggressive response from optimistic traders, who swiftly amassed positions, countering the intense downward pressure. This surge in buying activity not only averted a deeper slump but also catalysed a structural pivot, with Ethereum now displaying renewed vigour. The $1,500 zone has since emerged as a reliable bastion, consistently absorbing minor pullbacks and reinforcing the shift from bearish to bullish sentiment.
The daily chart offers further insight, revealing a notable fair value gap (FVG) spanning $1,900 to $2,800, which aligns with a cluster of untested exponential moving averages. According to SwallowAcademy, bridging this gap is essential for a stable and sustained rally, steering clear of the erratic price swings that marred Ethereum’s performance earlier in 2025. Should Ethereum maintain its current momentum and decisively breach the $1,900 resistance—a level that coincides with the 50-week moving average—it could pave the way for a broader recovery. Analysts project medium-term targets at $2,800 and $4,400, with additional milestones at $2,300, $4,000, and even $4,900.