Recently, the price of Ethereum (ETH) has been volatile, influenced by multiple factors.

📉 Recent Price Trends

• April 7: ETH price dropped by 12.11% to about $1,548.

• April 9: Price further decreased to about $1,668.

• April 11: ETH price rebounded to about $1,563.

📊 Influencing Factors

1. Global trade tensions: The escalating tariff disputes between the United States and countries like China have affected investor confidence, leading to a decline in the cryptocurrency market.

2. Market volatility: Recent increases in volatility in the stock and cryptocurrency markets have made investor sentiment more cautious.

3. Technical indicators: Technical analysis shows that the ETH price has short-term support near $1,450, and the Bollinger Bands indicate that the price is approaching the lower band, suggesting a potential mean reversion opportunity.

🔮 Future Outlook

If global economic conditions stabilize, the ETH price may rebound. Investors should pay attention to changes in macroeconomic indicators and market sentiment.

Note: The cryptocurrency market is highly volatile; investments should be made cautiously, and it is advised to conduct thorough research and consider one's own risk tolerance before investing.