According to Trader Tardigrade on Twitter, a trading setup for Ethereum (ETH) recommends opening a short position at $1804, which is identified as a possible resistance level. The proposed trade targets $1629 with a stop-loss set at $1848, resulting in a favorable 1:4 risk to reward ratio. This setup is designed for traders seeking high-reward opportunities while managing risk, as cited from Trader Tardigrade's tweet dated April 25, 2025.

According to CryptoTraderPro, Ethereum has successfully broken out from a multi-month downtrend, with a daily close above key resistance levels. This technical breakout suggests a potential bullish rally, with price targets between $2,300 and $2,500 by May if market momentum remains positive. Traders should consider monitoring trading volumes and RSI levels for confirmation of sustained upward movement.