April 5, 2025 by Bena Ilyas
- Ethereum price went up 1.6%, trading close to $1,820 during the wider crypto rally.
- Ethereum whales are accumulating as 10,000-100,000 ETH wallets have been increasing since February 2025.
- China’s 34% tariffs on US goods can propel crypto market adjustments that increase the price of Ethereum.
Ethereum (ETH) was trading close to $1,811 on April 5 with a small 0.38% gain. While all other cryptocurrencies, such as Bitcoin (BTC), Solana (SOL), and XRP, rallied, ETH lagged behind. However, fresh uncertainty stemming from China’s 34% tariffs on U.S. goods could drive significant capital inflows into crypto markets, potentially boosting ETH’s price.
Despite all of Ethereum’s struggles, with its price falling 5% in response to a wider market correction, Ethereum whales continue to accumulate. 10,000-100,000 ETH wallets have been increasing their stakes on an all-time basis since February 2025.
ETH Price Forecast: Falling Wedge Suggests Bullish Breakout
Ethereum’s chart shows a falling wedge pattern—bullish historically and projecting a 250% breakout to $3,200 according to John Morgan’s post. A close of over $1,900 would establish this pattern. With bullish MACD crossover signals and strong VWAP support at $1,804, upward momentum appears likely if volume and buying pressure continue.

Renowned analyst Mister Crypto compared Ethereum’s present trend to its reversal in 2020 and predicted that Q2 2025 could be the moment that ETH witnesses a bull resurgence. Regardless of the withdrawal of small-time investors, whale action is hinting at an inversion and an eventual huge price spike, which might coincide with greater macroeconomic turns.
CryptoBullet noted that ETH has only touched its 300-week moving average for the second time ever, which indicates potential room to drop even lower. Likewise, Cryptododo7 forecasts a test of lower support zones between $1,130 and $1,200 before any positive signs of an upward trend emerge.

Despite these issues, commentators such as Titan of Crypto predict that ETH will be poised to hit major upward this year based on an increase in network activity. The overall sentiment is positive, with Ethereum’s market turn-around set to be on track if accumulation patterns continue and if global macroeconomic conditions improve.

China’s Tariff Ruling Drives Capital Flows into Crypto
China’s surprising 34% tariffs on a vast number of imports from the US have created market volatility. Stocks declined, but cryptocurrency assets such as Bitcoin and Ethereum remained resilient. Bitcoin’s correlation with conventional equities such as the Nasdaq 100 decreased to its lowest point in months, an indicator that capital is flowing into alternative assets such as crypto.
Historically, such volatility triggers capital rotation, with investors moving into crypto to hedge against instability in traditional markets. If this pattern continues, Ethereum could see significant gains, possibly surpassing the $1,900 resistance level and sustaining a broader uptrend similar to previous geopolitical situations.
The Federal Reserve’s latest rate-hike pause could even accelerate ETH price appreciation. With below-par yields on conventional savings and treasury instruments, investors might shift to decentralized finance (DeFi) to get a better return. Ethereum’s leadership in the DeFi market puts it in a better position to take advantage of this trend and boost ETH demand and market value.
Read More: Ethereum Whales Dump 500K ETH as Dominance Crashes to 5-Year Low