#ETHCrossed2500

Ethereum has officially crossed the $2,500 mark after months of consolidation below $2,000, briefly touching this milestone before settling around $2,470–$2,480. This breakout is driven by growing bullish momentum fueled by ETF interest and increasing DeFi activity, with institutional investors like Abraxas Capital accumulating large amounts of ETH, signaling confidence in further gains. However, some analysts caution about strong resistance at $2,500 and potential short-term pullbacks, noting that a sustained move above this level could pave the way toward $3,000. The recent surge also saw a sharp drop in ETH reserves on exchanges, indicating buying pressure from crypto-native investors. Overall, Ethereum’s price action suggests a pivotal moment with optimism for a major run ahead, balanced by technical resistance challenges.