ETH breaks through the $1600 mark

According to BlockBeats, on April 18th, 2025, the search popularity of "Bitcoin" on Google reached 34, the highest level so far in 2025. The search popularity in January and February was only 31 and 27, respectively. This marks a relative increase of 26% in the month on month search volume for 'Bitcoin', and also indicates a shift in the trend of the indicator's continuous decline since November 2024. Similarly, in March, the search popularity of "Ethereum" on Google reached its highest level since 2025, with a record of 19. Slightly increased from 16 last month. Analysts say that although it is still far from reaching the previous cycle peak, the increase in Google's search interest in Bitcoin and Ethereum in March may reflect a renewed curiosity among retail investors, at least better than its performance so far in 2025. A broader theory for the rise in interest in Bitcoin in March could be the newly announced tariffs by the United States, which could reignite the long-standing narrative of "digital gold" and "value storage" associated with Bitcoin, especially in the context of heightened geopolitical or macroeconomic tensions. This theory is supported by the BTC to SPX ratio, which has risen by over 8% since the announcement of the "Liberation Day" tariffs on April 2nd.

Kyrgyzstan President Sadyr Japarov signed amendments that provide its digital som legal status.

Issued by FINRA, the license will allow the company to broaden fixed income prime brokerage services for institutional clients.

OKX-ETH/USDT is currently trading at $1600.83, with a 24-hour increase of 2.50%. Please be aware of market fluctuations.

Data from the past 12 hours shows that the main force sold large orders with a turnover of $376 million, far exceeding the $152 million for buying large orders, with a net outflow of $223 million and a buy to sell ratio of 1:2.47. The main force showed a clear willingness to short. Especially last night, the Binance contract saw three consecutive sell orders exceeding $40 million, further suppressing market sentiment. Although the current candlestick is above the EMA24/52 moving average, the meteor pattern suggests an increased risk of short-term pullback, and caution should be exercised against downward pressure. The J value is extremely overbought and the meteor shape is superimposed, increasing the possibility of a pullback. The bullish ranking of trading volume shows an increase in activity, but the continuous exit of main funds may pose a hidden danger. Open a membership, track major orders in real-time, and seize market opportunities! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 1-hour] candlestick, for reference only, and does not constitute any investment advice.