🔥$ETH ETH Ethereum (ETH), the second-largest cryptocurrency by market cap, is making serious waves in May 2025. After weeks of consolidation, $ETH ETH has surged over 45% month-to-date, trading around $2,658 as of May 22. Investors and traders are now asking the million-dollar question: Is $3,000 within reach?🧠 What’s Fueling the #ETH Rally?Several key factors are driving this bullish momentum:🔹 Bitcoin’s Bull Run: $BTC Bitcoin’s climb past $111,000 has reignited enthusiasm in the entire crypto market. ETH is riding this wave, benefiting from renewed investor confidence.🔹 Successful Network Upgrades: Ethereum’s recent Pectra upgrade has improved staking efficiency and cross-chain compatibility with layer-2 solutions — a big win for long-term scalability.🔹 Regulatory Optimism: The U.S. Senate’s progress on a stablecoin framework has boosted market sentiment, especially for established tokens like ETH that power DeFi ecosystems.📊 Technical Breakdown: Eyes on $3KETH has reclaimed the critical $2,500 support level and is now testing resistance around $2,700–$2,800. According to key indicators:✅ RSI remains bullish, signaling continued buying strength.✅ MACD crossover suggests momentum is still in ETH’s favor.✅ Volume spikes indicate increased retail and institutional interest.If ETH breaks above the $2,950–$3,000 resistance, analysts suggest we could see an extended rally toward $3,200–$3,500.🧾 Market Sentiment & ForecastWith more than 70% of ETH holders now in profit, selling pressure remains low. Combine that with rising institutional exposure — such as Coinbase joining the S&P 500 — and the stage is set for further gains.📈 Short-term target: $2,950–$3,100🔮 Year-end projection: $5,200–$5,900 (based on current fundamentals and growth rate)📌 Final TakeEthereum is heating up — and this could just be the beginning. With a powerful combination of network upgrades, favorable macro trends, and market momentum, ETH may be gearing up for a breakout month.Will Ethereum break $3K? Stay sharp, manage risk, and keep an eye on the charts.