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Ethereum Price Outlook (May 8–10, 2025): What’s Next?

Ethereum (ETH) is currently trading around $1,952, showing slight upward movement in recent hours. Despite recent upgrades like Pectra, the price has stayed relatively stable. Analysts expect ETH to trade between $1,950–$1,970 in the next 3 days.

Key Market Insights:

Market Sentiment is bearish with fear dominating the crypto space.

Technical Signals show Ethereum is near oversold levels (RSI ~36).

Major Resistance Levels are at $3,000+ based on moving averages.

Why It's Moving Sideways:

Ethereum's high gas fees and slower speeds make it less attractive compared to competitors like Solana.

Institutional investors still show more interest in Bitcoin, though the launch of ETH spot ETFs is a promising sign for the future.

The latest Pectra upgrade improves speed and cost, but market impact may take time.

Bottom Line: Ethereum might remain range-bound for the next few days. While long-term growth looks promising, short-term traders should watch for small swings and global market cues.

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