The cryptocurrency market has been buzzing with excitement as Ethereum (ETH) recently touched the $2,500 mark, sparking discussions about potential bullish momentum. On May 11, 2025, a prominent crypto influencer, Crypto Rover, highlighted this milestone on social media, noting that the last time ETH hit $2,500, it surged to $4,000 within just 30 days. While historical patterns don’t guarantee future results, this observation has reignited interest among traders looking for the next big move in ETH. As of 10:00 AM UTC on May 11, 2025, ETH was trading at $2,502.37 on Binance, with a 24-hour trading volume of approximately $12.3 billion across major exchanges, according to data from CoinMarketCap. This price point represents a critical psychological level, often acting as a springboard for further gains or a resistance zone for profit-taking. Meanwhile, the broader crypto market shows mixed signals, with Bitcoin (BTC) hovering around $60,800 at the same timestamp, reflecting a cautious yet optimistic sentiment. The interplay between ETH and BTC remains a focal point for traders, as Ethereum’s performance often correlates with Bitcoin’s market dominance. Additionally, on-chain metrics reveal a significant uptick in ETH wallet activity, with over 120,000 new addresses created in the past week as reported by Glassnode, signaling growing retail interest at this price level.