#ETHCrossed2500 Ethereum (ETH) recently crossed the significant 2500 USD price milestone after months of consolidation below 2000 USD, marking a nearly 30% increase from around 1800 USD. This breakout is psychologically important as round numbers like 2500 often act as key resistance or support levels and can boost investor confidence and market attention.
Key factors driving this surge include:
Increased buying pressure with a net withdrawal of 180,000 ETH from exchanges.
The recent Pectra upgrade (May 7, 2025) improving network performance and sentiment.
Growing optimism around a potential spot Ethereum ETF approval, which could attract institutional investment.
Continued growth in DeFi and NFT ecosystems on Ethereum, sustaining demand.
Positive technical indicators such as RSI crossing above its moving average and MACD testing neutral levels.
However, there is some caution as 2500 is a strong resistance zone, with short-term pullbacks possible due to overbought signals on technical charts. Analysts suggest a healthy retracement to around 2350–2400 could occur before another upward leg. If ETH holds above 2500 with volume support, targets of 2700 to 3000 are plausible.
