#ETHCrossed2500

Ethereum recently broke the $2,500 barrier, sparking excitement among investors and traders. Here's what's happening ¹:

- *Current Price*: Ethereum is trading around $2,526-$2,543.08, with a high of $2,587 and a low of $2,356.

- *Market Sentiment*: Bulls believe ETH is gearing up for a major run, driven by ETF momentum and rising DeFi activity. Bears, however, warn of strong resistance at $2,500 and potential short-term pullbacks.

- *Predictions*: Some analysts expect ETH to rise to $3,000, while others anticipate a retest of the $2,400 level. Short-term predictions suggest a potential breakout towards $2,600 or a decline to $2,291 by May 17, 2025.

- *Influencing Factors*: Market demand and supply, investor sentiment, and macroeconomic factors will impact Ethereum's price.

- *Decentralized Finance (DeFi)*: Total Value Locked (TVL) in DeFi is $63.2 billion, a 4.7% week-over-week increase.

*What's Next?*

The future of Ethereum's price is uncertain, with potential for significant growth or short-term volatility. Investors are advised to stay informed and consider long-term fundamentals ¹.