#ETHCrossed2500
Breaking news: Ethereum surpasses $2500 for the first time in a while!
In a strong move, the cryptocurrency Ethereum $ETH successfully broke the $2500 barrier temporarily, before returning to the range of $2470–$2480. This move sparked a wave of discussion among traders:
Positive scenario (bulls):
They expect the rise to continue as the official approval for ETH ETF funds approaches.
Strong activity in the decentralized finance (DeFi) sector drives demand on the network.
On-chain data indicates a decline in the supply of ETH on exchanges.
Negative scenario (bears):
They see the $2500 level as a solid resistance that is hard to break without a correction.
They warn of potential selling pressure especially if the price fails to close daily above this barrier.
Some technical indicators show overbought conditions that may lead to a temporary decline.
And you, what do you think? Will we see a new rally towards $3000, or is a correction coming? Share your analysis or opinion using the hashtag **