$ETH shows a notable strength in the current market, which is quite volatile, trading between $2,600 and $2,700 as of May 16, 2025. Despite a recent decline of 8%, the fundamentals of Ethereum remain robust, with the Pectra upgrade optimizing scalability and the growing adoption of DeFi fostering activity on the network. On-chain data indicates a 62.7% increase in active addresses, reaching a total of 15.4 million, suggesting a possible undervaluation and opportunity for a breakout. Technical analyses point to a short-term bullish trend, with the 50-day moving average on the rise, although the RSI is at a neutral level. Sentiment on platform X is diverse: some observers highlight the possibility of a significant increase, while others note resistance at $3,000. With ETF inflows and institutional interest, ETH could aim to reach $4,000 by the end of the year.