#ETHCrossed2500 Ethereum has officially crossed the $2,500 milestone, briefly touching it before pulling back to the $2,470-$2,480 range. Here are some key points to consider¹ ²:

- *Current Price*: $2,487.17 (as of 9:06 PM EEST on May 11, 2025)

- *Market Sentiment*: Bulls believe ETH is gearing up for a major run with ETF momentum and rising DeFi activity, while bears warn of strong resistance at $2,500 and potential short-term pullback

- *Price Predictions*:

- *Short-term*: Potential rise to $2,600 in the coming days driven by bullish momentum

- *Long-term*: Some predictions range between $4,800 and $6,000, contingent on market sentiment and macro trends

- *Caution*: Potential short-term volatility, with prices possibly dipping to around $2,291 by May 17, 2025

- *Key Drivers*:

- Growing adoption of decentralized applications (dApps) and expansion of DeFi and NFT ecosystems

- Anticipation of Ethereum upgrades and increasing institutional interest

- Recent Pectra upgrade enhancing scalability and user experience

Overall, Ethereum's outlook remains cautiously optimistic, with key resistance levels to watch around $2,600 and support near $2,300.