BTC and ETH Bounce Back—But Is It Sustainable?

April 18, 2025 - 1 min. read

By Sjuul Föllings

Roundup article 18th of April.

While it’s true that Trump has paused tariffs for 90 days on nearly all countries, tensions with China continue to escalate, keeping the trade war very much alive. This ongoing uncertainty has left the global markets in a state of hesitation, with investors weighing short-term relief against long-term risks.

7 Days Heatmap

The overall sentiment shifted from bearish to bullish this week as optimism rose following the 90-day pause on tariffs. BTC and ETH both recorded their first positive week after a couple of consecutive losing weeks.

Crypto heatmap signaling bullish momentum with BTC up by +1.2% and ETH by around +5%.
Crypto Heatmap 7-Days

BTC Analysis

As mentioned in our last roundup article, BTC is hovering around a make-or-break zone. It is currently retesting a strong resistance area at the intersection of the upper red and orange trendlines.

As long as these upper trendlines hold, further downside is expected in the upcoming week.

BTC daily chart hovering around a strong resistance around $90,000.
BTC Chart – Daily Timeframe

For the momentum to shift from bearish to bullish, a break above the $90,000 structure marked in red is required.

In that case, a move toward the $100,000 round number would be expected.

ETH Analysis

ETH has also been hovering around the $1,500 support level, as mentioned in our last market outlook.

As long as $1,500 holds, the bulls could still have a chance to step in—confirmed only by a break above the upper orange trendline and the previous major high at $1,700.

ETH daily chart rejecting a strong support at $1,500.
ETH Chart – Daily Timeframe

In parallel, if the $1,500 level is broken to the downside with a daily candle close, further downside toward the $1,000–$1,100 support zone would become likely.

Quote of the week

Yesterday’s home runs don’t win today’s games.
~ Babe Ruth

Closing Remarks

In summary, despite a temporary 90-day pause on tariffs by Trump, escalating tensions with China continue to fuel market uncertainty. However, optimism has returned this week, shifting overall sentiment from bearish to bullish.

BTC is currently at a key resistance zone and needs to break above $90,000 to confirm a bullish reversal, with $100,000 as the next target.

Meanwhile, ETH is holding above the $1,500 support, with a potential bullish breakout above $1,700. A break below $1,500, however, could lead to further downside toward the $1,000–$1,100 zone.

Sjuul Föllings

Sjuul achieved financial independence through years of immersion in cryptocurrency. Starting in 2016, he faced..

Sjuul Föllings