#ETHCrossed2500

ETHCrossed2500

Ethereum (ETH) exceeds $2500 - Quick Overview**

- **Current Price**: $2,495.05 (up 5.74% in 24 hours) with a peak of **$2,512.34** (May 10, 2025).

- **Reasons for the Rise**:

- Breakthrough of technical resistance at **$2,360–$2,400**.

- Trading volume increased to **$18.5 billion**.

- Inflow of **$120 million** to institutional **ETF** funds.

- **Technical Indicators**:

- **RSI** at 68 (strong buy signal).

- Immediate resistance at **$2,550** and strong support at **$2,450**.

- **Fundamental Factors**:

- Growth of the **DeFi** sector and technological solutions like **EIP-4844**.

- Improved market sentiment and its positive correlation with tech stocks.

- Regulatory approvals for **ETF** funds.

- **Risks**:

- Selling pressure at **$2,550**.

- Competition from networks like **Solana** and **Avalanche**.

- Financial market volatility.

- **Analysts' Forecasts**:

- **Short-term**: Testing the level of **$2,550–$2,600** (May 2025).

- **2025**: Expected range between **$2,900–$5,050**.

- **Long-term (2030)**: Could reach **$9,190** with the adoption of **Web3** technologies.

**Summary**: Ethereum exceeding $2500 reflects market confidence in its technology and increasing institutional demand, but short-term risks (such as price corrections) may affect the upward trend. It is advisable to monitor technical indicators and regulatory news.