#ETHCrossed2500
Ethereum's current price is $2,493.47, with a 5.78% increase in the last 24 hours. Its market capitalization stands at approximately $285.89 billion. Here's a breakdown of the current market situation¹:
- *Current Price*: $2,493.47
- *Market Capitalization*: $285.89 billion
- *Open Price*: $2,357.24
- *High Price*: $2,608.13
- *Low Price*: $2,355.01
- *Percent Change*: 5.78%
Some analysts predict Ethereum could reach new highs, potentially surpassing $2,500. The Pectra upgrade has significantly impacted market sentiment, with exchanges recording net inflows of $15.6 billion since its launch. However, investor profit-taking may limit upward momentum.²
*Key Resistance Levels:*
- *$2,500*: A crucial level to break for further upside potential
- *$2,654*: A potential target if Ethereum breaks through $2,500
*Market Sentiment:*
- *Bullish Trend*: Ethereum's price has surged 31% following the Pectra upgrade, reaching a 2-month high at $2,366
- *Investor Sentiment*: Mixed, with some investors taking profits while others remain bullish