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Ethereum Trading In ‘No Man’s Land’, But Analyst Says Breakout Is A Matter Of Time

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Ethereum Trading In ‘No Man’s Land’, But Analyst Says Breakout Is A Matter Of Time - NewsBTC

Quick Summary:

Ethereum Trades At 2023 Levels After closing its worst Q1 since 2018, Ethereum continued moving sideways, hovering between the $1,775-$1,925 price range.

Another market watcher, Merlijn The Trader, highlighted that ETH is at 2021 levels, pointing that it is trading within the breakout zone that led to Ethereum’s all-time high (ATH) but has stronger fundamentals and more institutional demand four years later.

He explained that ETH’s price has fallen to retest the last bear market resistance levels, as it has erased all its gains since November 2023.

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Ethereum Trading In ‘No Man’s Land’, But Analyst Says Breakout Is A Matter Of Time - NewsBTC (Picture 1)Ethereum Trading In ‘No Man’s Land’, But Analyst Says Breakout Is A Matter Of Time - NewsBTC (Picture 2)

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 11:00:38 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 474 words

Reading Time: 3 minutes read

Sentences: 80 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 27561820

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 5 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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  • URL: https://chronographically.beamstart.com/news/ethereum-trading-in-no-mans-17436785498462

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