As of May 29, 2025, Ethereum (ETH) is trading at approximately $2,712.33, reflecting a 1.68% increase from the previous close.

Ethereum has demonstrated significant strength throughout May, climbing from lows around $1,750 to intraday highs of $2,789, marking the highest levels seen in over three months and going up over 50% this month.

The price action is supported by increased trading volumes and positive technical indicators. Ethereum is approaching a critical resistance level between $2,700 and $2,800. A successful breakout above this zone could propel ETH towards the $3,000 mark.

Additionally, the upcoming $2.4 billion options expiry on May 30 is expected to influence market momentum, with bulls aiming to keep ETH above $2,600.

Institutional interest is also on the rise, with spot Ethereum ETFs seeing increased inflows. For instance, BlackRock’s iShares Ethereum Trust (ETHA) and Fidelity’s FETH have recorded significant investments, indicating growing confidence in Ethereum's market potential.

In summary, Ethereum's current market dynamics suggest a bullish outlook, with key resistance levels in focus and institutional participation providing additional support.#ETHETFS #ETH #Ethereum #ETHForecast2025 #ETHMarketTrends