#ETHCrossed2500
Good question — the $2500 mark for Ethereum is indeed key and could either be the start for further growth or a "bull trap". Here’s how things stand from both sides:
Arguments for growth (bullish scenario):
1. Expectation of ETF approval — just like with Bitcoin, rumors or real steps towards creating an ETF for Ether could attract institutional money.
2. Increased activity in DeFi and L2 — the Ethereum platform remains the core of decentralized finance, and Layer 2 solutions (Arbitrum, Optimism, etc.) enhance network usage.
3. Improvement in fundamental indicators — EIP-1559 and the PoS system (staking) burn part of the fees, reducing the supply of ETH.
Arguments for a pullback (bearish scenario):
1. Strong resistance at $2500 — this level has already proven to be a difficult psychological barrier to overcome.
2. Volumes do not confirm growth — if the breakout was on weak volumes, it is more likely a false breakout.
3. Macroeconomic risks — potential issues with interest rates or regulatory background in the US could impact all crypto assets.