After months of stability below $2000, Ethereum has officially surpassed the $2500 level, briefly touching this barrier before retreating to the range of $2470-$2480. Optimists say that Ethereum is preparing for a major bullish wave with the momentum of exchange-traded funds (ETFs) and increasing activity in decentralized finance (DeFi). However, pessimists point to strong resistance at the $2500 level and warn of a potential short-term pullback.