🚀 Ethereum $ETH Approaches All-Time High: A Bullish Surge in May 2025
#Ethereum is currently trading at $2,248.58, marking a significant upward movement in recent days. This surge is attributed to several factors, including the successful implementation of the Pectra upgrade, which enhances Ethereum's scalability and efficiency .
If the current momentum continues, ETH could challenge its previous all-time high of $4,721.07 in the coming months . The recent bullish engulfing candle and positive MACD indicators suggest a strong upward trend.
Furthermore, the broader cryptocurrency market is experiencing a resurgence, with Bitcoin $BTC nearing the $100,000 mark, which often positively influences Ethereum's price dynamics.
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