As of May 16, 2025, the market for Ethereum (ETH) is as follows:

- Price: According to the latest data from OKX, ETH is currently priced at approximately $2,527.77, with a slight decline of 1.46% over the past 24 hours.

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- Recent Trends: Since early May, Ethereum has surged more than 40% from a low of around $1,800, but the current price has consistently fallen below the short-term EMA moving averages, indicating a potential need for further adjustments in the short term.