#ETHCrossed2500 The Ethereum Cross Above $2,500: A Turning Point or False Signal?The recent cross of Ethereum (ETH) above $2,500, driven by the Pectra upgrade, has unleashed euphoria in the crypto market. This milestone, accompanied by a 20% rise in 24 hours, marks the largest daily increase since 2021. The improvement in scalability and reduction in transaction costs, along with a short squeeze that liquidated $300 million in short positions, reinforces the bullish momentum. Technical indicators such as RSI and MACD support a possible rally towards $2,850-$3,000, levels seen in historical bullish cycles.However, caution persists. The low activity on the Ethereum network and the lack of consistent flows in ETH ETFs suggest that the rally could be speculative. Additionally, resistance at $2,520, with high liquidity of short positions, could hinder the advance. Macro factors, such as trade agreements between the U.S. and the UK, also influence, but competition from blockchains like Solana poses long-term risks.Is this the beginning of a new bullish cycle or a trap for bulls? The answer will depend on the adoption of DApps post-Pectra and the strength of the bulls to break key resistances.