$ETH Here is a comprehensive overview of the Ethereum (ETH) situation in May 2025, focusing on technical updates, technical analysis, and future predictions:

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🔧 Technical Updates: "Pectra" Upgrade

On May 7, 2025, the "Pectra" upgrade for the Ethereum network was launched, which included features such as simplifying interaction with the network through what is known as "Account Abstraction." This upgrade aims to enhance user experience and increase network adoption, which may support a long-term rise in ETH price.

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📊 Technical and Market Analysis

• Support and Resistance: ETH finds strong support near levels of $2,400, indicating a potential price stabilization in the short term.

• Momentum Indicators: The Relative Strength Index (RSI) indicates oversold conditions, which may foreshadow a potential price rebound if buying pressure increases.

• Volatility: ETH has seen a 41% decline over the past 12 months, but forecasts suggest a possible price increase of 21% by mid-May, with expectations of reaching $2,081 by May 15.

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🧠 Future Predictions

• End of 2025: Predictions range between $3,500 and $3,700, supported by increased institutional adoption and network activity.

• 2026: Some forecasts suggest a potential price drop of up to 75% from its peak, which could lead to ETH trading between $4,200 and $5,000 by the end of the year.