#ETHCrossed2500 🍒🍒🐂🐂

Ethereum has indeed surged past the $2,500 mark, reaching $2,503.62, driven by stronger buying momentum and renewed investor interest. This milestone is significant, both psychologically and technically, potentially paving the way for further gains.

*Key Factors Behind the Surge:*

- *Institutional Investment*: World Liberty Financial acquired 1,500 ETH, and Abraxas Capital withdrew 49,644 ETH, signaling long-term holding intent.

- *Technical Indicators*: Ethereum reclaimed the $2,285 BOS level, indicating bullish strength, and pushed above the upper Bollinger Band, suggesting strong volatility and potential trend continuation.

- *Market Sentiment*: Daily trading volume spiked 125% to $38 billion, and open interest in ETH futures doubled to $26.31 billion, reflecting heightened trader interest and activity.

*Future Price Movement:*

- *Resistance Levels*: ETH faces resistance at $2,550, with potential upside targets at $2,800 and $3,900 if momentum holds.

- *Support Levels*: Key support levels to watch include $2,200 and $2,285 ¹.

*Expert Predictions:*

Some analysts predict Ethereum could reach new all-time highs, with potential targets of $2,800 and beyond, driven by bullish sentiment and increasing institutional investment ².