The strong rise of Ethereum, what does the future hold?
Will Ethereum make a 'comeback'? Its recent performance has been remarkable, aiming for the largest increase since 2021. As of May 9, 2025, the price of Ethereum surged by 14%, reaching $2,490, with a weekly increase of nearly 33%, setting a new record for weekly gains. Market analysts point out that if it can solidly stay above key resistance levels and continue to build momentum, it is highly likely to initiate a new bullish trend.
However, the mid-term trend of Ethereum still has uncertainties. Although the rise is encouraging, looking back at the past, it has also remained dormant under market pressure. Some market observers compare the current situation to the bear markets of 2018 and 2022, while others believe that according to historical patterns, Ethereum may experience a period of consolidation and stagnation before rebounding at the end of the year, making its future direction worthy of continuous attention. Choosing is more important than effort; selecting the right track is also crucial. The hero dog Conan currently has a low market value and great potential, making it worth watching!
