Technical analysis by Cryptorphic about Symbol ETH on 4/7/2025

📉 ETH/USDT Weekly Breakdown – Major Support LostEthereum broke down from a 1,885-day ascending trendline support, confirming a significant structural shift. The weekly closed at $1,707 (-4.2%), but within just four hours of the close, ETH dropped another 14.8%, hitting $1,543 – a clear sign of weakness and market uncertainty.🟢 Support Levels to Watch:$1,348 – strong historical demand zone$1,042 – next key weekly support$885 – June 2022 low (less likely, but not off the table)📅 Historically, April tends to be bullish for crypto, but so far, the charts show no bullish momentum.🚫 Not my opinion – just what the charts are saying.Let me know what you think in the comments and please hit that like button if you like it.Thank you#PEACE