$ETH is showing resilience in today’s volatile market, trading around $2,600-$2,700 as of May 16, 2025. Despite a recent 8% dip, Ethereum’s fundamentals remain strong, with the Pectra upgrade boosting scalability and DeFi adoption driving network activity. On-chain data shows a 62.7% surge in active addresses, hitting 15.4M, signaling undervaluation and potential for a breakout. Technicals suggest a bullish short-term trend, with the 50-day MA rising, though RSI hints at neutral momentum. Sentiment on X is mixed—some see a violent upside wick, others caution about resistance at $3,000. With ETF inflows and institutional interest, $ETH could target $4,000 by year-end! 📈 #Ethereum #Crypto