#ETHCrossed2500 Earlier in the week, Ethereum had rallied to a high of 2,600 USD, buoyed by renewed optimism around network upgrades and institutional adoption.
However, the momentum began tapering off Thursday evening, with prices gradually retreating as traders appeared to lock in profits.
The 5.17% 24-hour increase, though still positive, underscores a “cooling off” phase, as the asset’s gains narrowed sharply from double-digit percentages seen earlier in the week. Market analysts attribute this pullback to a combination of technical resistance and broader macroeconomic uncertainty.
The 2,500 level has historically acted as both a psychological and technical support zone for Ethereum.
