#ETH突破2500

As of May 11, 2025, after Ethereum (ETH) breaks the key resistance level of $2500, the current trend presents the following characteristics:

Technical Strength Breakthrough

ETH has stabilized above $2500 and formed an 'ascending triangle' pattern, with MACD and RSI indicators consistently bullish. Historical data shows that this pattern's breakout is usually accompanied by a 30%-50% increase, with a short-term target pointing to $3000. On-chain trading volume has surged, and whale addresses continue to accumulate, indicating accelerated institutional investment.

Core Driving Factors

ETF Expectations: The SEC's attitude towards Ethereum ETF approval has turned positive, with the market expecting a 75% probability of approval, leading to an influx of funds that raised spot trading volume to $30 billion in a single day;

Technical Upgrades: The Pectra upgrade has been completed, increasing transaction processing speed to 500 TPS, reducing user costs, and further optimizing the verification mechanism to attract ecosystem developers;

Deflationary Effect: Since the Shapella upgrade in 2023, the supply of ETH has decreased by 350,000 coins, continually reinforcing its scarcity.

Risks and Challenges

One must be cautious of short-term profit-taking pressure, with perpetual contract funding rates annualized at 78%, where high leverage may trigger volatility. If ETF approval encounters obstacles, a 'buy the expectation, sell the fact' pullback may occur. Additionally, competition from public chains like Solana in the payment sector remains a concern.

Today's Strategy: If ETH stabilizes above the $2500 support, one can look for opportunities to increase positions on a breakout above $2700; if it pulls back to stabilize in the $2300-$2400 range, it still presents a technical buying window. It is recommended to control leverage and dynamically adjust positions in conjunction with macro policies (such as expectations of Federal Reserve rate cuts).