#ETHCrossed2500

Current Market Snapshot (May 11, 2025)

- **Price**: ~$2,563.12 USD.

- **24-Hour Volume**: $28.74 billion.

- **Recent Trends**:

- Weekly: +19.51% (strong bullish momentum).

- Monthly: +49.22%.

- Yearly: -21.30% (still below yearly highs).

- **Market Drivers**:

- Bullish: Pectra upgrade boosting sentiment, ETH outperforming BTC (+13% weekly).

- Bearish: Retail selling pressure (ETH moved to exchanges), potential profit-taking near resistance.

---

### **Technical Analysis**

#### **Key Price Levels**

- **Support**:

- $2,524: Immediate support, tested recently.

- $2,245–$2,400: Stronger support zones for deeper pullbacks.

- **Resistance**:

- $2,915: Next hurdle with potential selling pressure.

- $3,520: Major resistance.

- $4,000: Psychological target.

- **Trend**: Short-term bullish, approaching $2,915 resistance after breaking $2,100.

#### **Technical Indicators**

1. **Moving Averages**:

- 50-day MA (~$1,786): Price above, strong buy signal.

- 200-day MA (~$2,711): Price below, caution for long-term trend.

2. **RSI**: 60.80 (neutral, nearing overbought). Look for dips to 40–50 for safer entries.

3. **MACD**: 24.88 (sell signal but positive territory). Watch for bullish crossover.

4. **Volume**: High ($28.74B), supports bullish trend. Confirm entries with volume spikes.

#### **Chart Patterns**

- Bullish breakout above $2,100, testing $2,915 resistance.

- Potential consolidation or pullback to $2,524–$2,600 before next leg up.

---

### **Optimal Entry Points**

Your entry depends on your trading style. Here are tailored strategies:

#### **1. Long-Term (HODL)**

- **Entry**: $2,524–$2,600 (pullback to support).

- **Why**: Strong fundamentals (Pectra, DeFi) and support zones offer low-risk accumulation.

- **Stop-Loss**: ~$2,480.

- **Target**: $3,520–$4,000 (mid-term), $6,000+ (long-term).

Disclaimer**: This is not financial advice. Crypto trading is risky. Verify data and consult a professional.