What’s next for $ETH until the end of the month? In-depth market analysis

Ethereum (ETH) is on a bullish trend, recently reaching a three-month high of $2,700. Several factors are influencing its price movement by the end of May 2025.

ETH has experienced significant growth, rising from around $1,800 to over $2,700. This surge is attributed to an increase in institutional interest, especially after the approval of the ETF for Ethereum, and the successful implementation of the Pectra upgrade on May 7, 2025. The Pectra upgrade introduced improvements such as enhanced validator staking, account abstraction, and scalability, which strengthened confidence in the long-term prospects. The Fear and Greed Index currently indicates a 'Greed' sentiment, suggesting that while optimism is high, caution should be exercised as markets can be volatile.

Regulatory developments: Ongoing discussions around cryptocurrency regulation, especially in major markets like the USA, may impact investor confidence and market dynamics.

If Ethereum maintains its current momentum and stays above the $2,500 level, it could reach the $2,750–$2,900 range by the end of May.