After months of stability below $2000, Ethereum has officially surpassed the $2500 mark, briefly touching this barrier before retreating to the $2470-2480 range. Optimists say that Ethereum is gearing up for a major bullish wave with the momentum of exchange-traded funds (ETFs) and increasing decentralized finance (DeFi) activity. Meanwhile, pessimists point to strong resistance at the $2500 level and warn of a potential short-term pullback.

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