Ethereum (ETH) Price: Bulls Eye $2,000 as Buterin Charts Course for 2025

TLDR

Ethereum co-founder Vitalik Buterin has unveiled his personal priorities for 2025, including L1 scaling and full-stack privacy The Ethereum Pectra upgrade is scheduled for May 7, 2025, with Fusaka upgrade to follow ETH price has risen 20% from $1.5K to $1.8K since April 22 Short-term price target is $1.9K with potential to reach $2,000 Market sentiment shows “Greed” on the Fear and Greed Index, suggesting bullish sentiment

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Ethereum has been on an upward trend in recent days, with prices climbing steadily as co-founder Vitalik Buterin outlined his goals for 2025. The second-largest cryptocurrency by market cap is eyeing the $1.9K level, with some analysts suggesting it could push even higher toward the $2,000 mark.

Ethereum (ETH) Price

Buterin recently revealed his priorities for the coming year, placing Ethereum’s Layer 1 roadmap at the top of his list. His focus areas align with the newly structured Ethereum Foundation leadership’s “twin” targets of decentralization and resilience.

Privacy and open-source technology also feature prominently in Buterin’s plans. He emphasized the importance of privacy on front-end user systems like applications and wallets.

And my personal focuses (and non-focuses) for 2025. Should be predictable from things I've done and written, but it's worth re-stating explicitly. https://t.co/e4yvRmrTOa pic.twitter.com/XvSFbvlEUp

— vitalik.eth (@VitalikButerin) April 30, 2025

Beyond Ethereum-specific initiatives, Buterin expressed interest in governance, open-source funding, and bio defense, showing the breadth of his vision extends beyond just cryptocurrency.

Upcoming Ethereum Upgrades

The Ethereum network is preparing for its Pectra upgrade, scheduled to go live on the Mainnet on May 7, 2025. This upgrade aims to enhance staking and wallet features, though it has faced several delays due to bugs in the implementation.

Following Pectra, the next planned upgrade is Fusaka. This update will focus on further scaling to enable both Ethereum and Layer 2 applications to handle increased data loads.

There has also been a push for improved Layer 2 interoperability to address liquidity fragmentation issues within the Ethereum ecosystem.

Collectively, these updates are designed to make Ethereum more competitive in the Layer 1 blockchain space. The improvements could potentially boost Ethereum’s performance and user experience.

Price Performance and Technical Outlook

Ethereum’s price has been on a bullish trend since late April. The Super Trend indicator on the 12-hour chart has been flashing a “buy” signal since April 22, 2025.

During this period, ETH has increased by about 20%, rising from $1.5K to approximately $1.8K. The price is currently trading above both the $1,800 level and the 100-hourly Simple Moving Average.

Source: TradingView

On the technical front, Ethereum appears to be facing resistance near the $1,850 level. There is a short-term contracting triangle forming with resistance at $1,860 on the hourly chart.

The next key resistance levels are at $1,880 and $1,920. If Ethereum breaks above these levels, it could potentially target the $2,000 mark in the near term.

Support levels to watch include $1,840, followed by more substantial support at the $1,800 zone. Further support can be found at $1,765 and $1,720 if a reversal occurs.

Market sentiment for Ethereum appears positive, with the Fear and Greed Index showing a “Greed” reading on May 1. This suggests that speculators remain bullish on ETH’s prospects.

Technical indicators further support this outlook, with the hourly MACD gaining momentum in the bullish zone and the RSI positioned above the 50 level.

The $1.9K level remains the main short-term target for Ethereum and may be breached unless the Super Trend indicator signals a “sell” before reaching this price point.

As Ethereum continues its development roadmap and market conditions remain favorable, the cryptocurrency appears well-positioned for continued price discovery in the coming weeks.

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