While global markets reacted negatively to recent news from Donald Trump and Jerome Powell, Ethereum (ETH) has shown impressive resilience.
Even as stocks and metals dropped, ETH managed to hold firm above $1,780.
Despite a brief dip to $1,770, Ethereum quickly bounced back, signaling strong buying interest.
At the time of writing, bulls are actively working to keep ETH above $1,800, a key psychological level. If this momentum continues, ETH could target the $2,100 resistance zone in the near future.
One major factor supporting this bullish sentiment is the upcoming Pectra upgrade, scheduled for May 7.
With this important development on the horizon, Ethereum may attract more attention and could move higher, as long as the overall crypto market remains stable.
Stay tuned as we watch how Ethereum performs during this volatile period.
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