After months of stability below $2000, Ethereum has officially surpassed the $2500 mark, briefly touching this barrier before retreating to the $2470-2480 range. Optimists say that Ethereum is preparing for a significant bullish wave with the momentum of exchange-traded funds (ETFs) and increasing decentralized finance (DeFi) activity. However, pessimists point to strong resistance at the $2500 level and warn of a potential short-term decline.