#ETHCrossed2500 Ethereum's current price is around $2,525, with a 5.88% increase in the last day and a trading volume of $33.79 billion. Here's a breakdown of its performance:

- *Short-term Performance*: Ethereum has surged over 37% in the past week and 65.56% in the last month, indicating a strong upward trend.

- *Long-term Outlook*: Despite the recent bounce, Ethereum's long-term outlook remains bearish, with some analysts predicting a potential drop before reaching new highs.

- *Key Resistance Levels*: The next resistance level is around $2,600, while the $2,200 horizontal resistance area is crucial for confirming a bullish trend reversal.

- *Market Sentiment*: Open interest in futures contracts has increased significantly, reflecting heightened market participation and a bullish sentiment.

*Technical Indicators*

- *Relative Strength Index (RSI)*: Currently below 50, indicating potential for further growth.

- *Moving Average Convergence/Divergence (MACD)*: No bullish cross yet, but indicators are close to flipping bullish.

*Price Predictions*

- *Short-term*: Some analysts predict Ethereum could reach $2,500 or even $2,700 in the near future.

- *Long-term*: Predictions vary, with some expecting a new all-time high and others forecasting a drop below previous bear market lows ¹ ².