$ETH
Based on current trends and recent developments, here's my take on Ethereum (ETH) for today, May 9, 2025:
My Prediction:
Short-Term (Today/Next 24 Hours):
Bullish bias likely to continue, especially with momentum from the Pectra upgrade and market optimism.
If ETH holds above the $2,300 level and Bitcoin remains stable or bullish, it could test $2,500–$2,600 by the end of the day.
Watch for profit-taking pressure—if it breaks below $2,200, a pullback to $2,000 support is plausible.
Why I'm Bullish:
The Pectra upgrade improved scalability and lowered fees, renewing investor interest.
High trading volumes and institutional inflows support upward price pressure.
Positive sentiment across the broader crypto market adds fuel to ETH’s rally.
