Ethereum’s recent surge past the $2,500 mark is sparking renewed excitement across the crypto space. (Insert chart image showing ETH breakout) After months of trading sideways under $2,000, this breakout is being seen by many as a signal of a potential bullish run. Supporters of this view highlight growing momentum around a potential spot Ethereum ETF, which could drive fresh institutional demand. (Insert ETF-related graphic or logo) Additionally, the DeFi ecosystem is experiencing a revival, with increased total value locked (TVL) and renewed developer activity on the Ethereum network—factors that could sustain upward pressure on price. (Insert DeFi activity image) However, not everyone is convinced this rally will hold. Skeptics warn that $2,500 is a historically significant resistance level, and the recent retreat to the $2,470–$2,480 range might suggest that the breakout lacks strength. Macro uncertainty and profit-taking could also fuel short-term corrections. In the near term, ETH may consolidate around current levels, with volatility expected as traders weigh macroeconomic cues and crypto-specific catalysts. If bulls can firmly establish support above $2,500, a rally toward $2,800 or higher could be in play. On the flip side, failure to hold gains may result in a pullback to the $2,300 zone. (Insert bull vs. bear imagery)
