#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.