#ETHCrossed2500
Ethereum (ETH) at a Crossroads... Are We on the Brink of a New Bull Wave?
The Ethereum currency has seen a strong boost following the recent "Pectra" update, which significantly improved network efficiency and helped reduce transaction fees and increase their speed. This development has restored confidence among investors, pushing the price to exceed $2,500.
But, is the path to $3,000$ smooth?
Data indicates the continued upward momentum supported by:
Increased institutional interest.
Positive funding rates.
Surging trading volume on smart contracts.
However, attention should be paid to:
Massive profit-taking exceeding $12 billion in a single day!
Recent price volatility dipping below $2,500, which could signal a correction soon.
Watch the market, don't chase peaks, and be ready to capitalize on corrections.
And rely on God in all circumstances.