#ETHCrossed2500 Analysis of Ethereum's price: The rapid rise of ETH from $2,500 to $4,000 in 30 days indicates bullish momentum.
In just 30 days, suggesting that the current price level could be the start of a new bullish phase. Traders should closely monitor ETH's price action for potential breakout opportunities, as historical data indicates strong bullish momentum once ETH surpasses key thresholds.
The cryptocurrency market has been buzzing since Ethereum (ETH) recently hit the $2,500 mark, sparking debates about a possible bullish momentum. On May 11, 2025, prominent cryptocurrency influencer Crypto Rover highlighted this milestone on social media, noting that the last time ETH reached $2,500, it skyrocketed to $4,000 in just 30 days. While historical patterns do not guarantee future results, this observation has reignited interest among traders looking for ETH's next big move. At 10:00 AM UTC on May 11, 2025, ETH was trading at $2,502.37 on Binance, with a 24-hour trading volume of approximately $12.3 billion across major exchange platforms, according to data from CoinMarketCap. This price represents a critical psychological level, often acting as a springboard for new gains or as a resistance zone for profit-taking. Meanwhile, the overall cryptocurrency market shows mixed signals, with Bitcoin (BTC) hovering around $60,800 at the same time, reflecting a cautious yet optimistic sentiment. The interaction between ETH and BTC remains a key point for traders, as Ethereum's performance often correlates with Bitcoin's market dominance. Additionally, on-chain metrics reveal a significant uptick in ETH wallet activity, with over 120,000 new addresses created last week, as reported by Glassnode, indicating growing retail interest at this price level.