#ETHCrossed2500

Now that Ethereum (ETH) has crossed $2,500, here's what's next:

Potential Price Targets

- *Short-term targets*: ETH could surge past $2,850 if technical indicators on the weekly chart flip bullish. Key resistance levels to watch are $2,500 and $2,850.

- *Medium-term predictions*: According to CoinCodex, ETH might reach an average price of $1,773.37 in May 2025, with a potential high of $2,480.96. However, another prediction suggests a potential drop to $1,522.75 by June 9, 2025.

Market Sentiment and Trends

- *Current sentiment*: The Fear & Greed Index shows 70 (Greed), indicating a potentially overbought market. ETH's Weighted Sentiment has soared to 5.2, its highest since May 2024.

- *Trends*: Increased buying pressure from investors on the spot market and a plunge in ETH's exchange reserve have driven the recent rally. Active addresses on Ethereum have also increased, indicating rising interest.

Key Factors to Watch

- *ETF flows*: Despite the price surge, US spot Ether ETFs have seen three consecutive days of net outflows.

- *Institutional interest*: Abraxas Capital has withdrawn 138,511 ETH from exchanges, indicating potential institutional buying.

- *Technical indicators*: RSI and MACD are testing their neutral levels, and a firm cross above could strengthen bullish momentum.