Ethereum Attempts First Bullish Technical Structure of 2025 as Bitcoin Trades Around $70,900 and Shiba Inu Moves Into Neutral Range
Ethereum is changing trend structure in early 2025, with ETH trading near $2,080 after rebounding from the $1,900 area and attempting to form higher lows above short-term moving averages that previously acted as resistance, U.Today reports. Bitcoin is fluctuating in a tight band around $70,900 after a bounce from roughly $63,000, but liquidity and trading history above $70,000 remain insufficient to confirm this level as durable support, with the next resistance cluster seen in the $74,000-$75,000 region, according to U.Today. Shiba Inu is trading around $0.0000055 within increasingly narrow consolidation patterns and remains below downward-sloping mid-term averages, a setup U.Today describes as a neutral structure following extended declines through late 2024 and early 2025.