According to Skew Δ (@52kskew) on Twitter, Ethereum's recent dip to 2023 lows near $1,400 likely marked a local bottom on the weekly chart. The current price action is interpreted as a relief bounce, with major resistance and reclaim targets at $2,000 and $2,200. These levels are crucial for traders to watch, as regaining them could signal a stronger bullish trend for ETH in 2025 (Source: @52kskew, Twitter, May 1, 2025).