#ETHCrossed2500

The hashtag #ETHCrossed2500 is trending as Ethereum (ETH) has broken above the $2,500 mark, a significant psychological resistance level. This surge marks a renewed investor confidence and growing momentum in the crypto market after months of trading below $2,000. While it briefly touched this milestone, it has since pulled back slightly.

Traders are eyeing the next resistance levels, with some suggesting potential targets around $2,650-$2,800 if the rally continues. However, caution is advised as the Relative Strength Index (RSI) approaches overbought territory, indicating a possible pullback. Key support levels to watch are around $2,400-$2,480. This movement is seen by some as a potential breakout fueled by ETF momentum and rising DeFi activity, while others remain wary of a possible fakeout in the volatile crypto market.