The crypto market is rebounding after recent losses caused by trade wars, with Bitcoin surging above $93,000. Ethereum’s price surged over 10% in the past 24 hours, reaching new heights and attempting to hold support at $1800. Whales played a significant role in this surge, exhibiting intense activity that amplified market volatility. One notable whale purchase saw nearly 20,000 ETH worth over $34.7 million, while another whale withdrew over 12,000 ETH from Binance, raising concerns about potential price drops. Despite these withdrawals, selling pressure appears subdued, indicating continued upward movement for the rest of the week. While Ethereum’s price rose, it failed to break above the 50-day moving average at $1830 as some bears capitalized on gains. However, a bullish crossover between conversion and base lines suggests the token remains under bullish influence, possibly leading to continued consolidation within a narrow range. The ETH price currently sits just below $1800 at $1797, with gains settling below 10%. Resistance at $1860 could trigger a surge towards $2000 if overcome. Conversely, dropping to the support area of $1750 could lead to a correction to below $1700.