#ETHCrossed2500

ETH has increased from $1,770 to $2,550 in just 72 hours, surpassing key resistance levels such as $2,000 and $2,200. Daily trading volume has doubled, and the RSI index reached 78, indicating strong upward momentum.

The current support levels are at $2,400 and $2,200, while the next resistance levels are $2,600 and $2,800. Holding above $2,400 will reinforce the upward trend, with a short-term target of $2,600 and a medium-term target of $2,800.

Technical indicator: MACD shows a bullish crossover signal, confirming the upward trend. However, the RSI is near the overbought territory, indicating the possibility of a short-term correction.

🧠 Fundamental factors and cash flow

Network upgrade: Ethereum implemented the "Pectra" upgrade on May 7, improving wallet performance, staking, and user experience. This has attracted interest from institutional investors.

Institutional cash flow: Over $120 million has been invested in Grayscale Ethereum Trust, and on-chain data shows that more than 200,000 ETH has been purchased by "whales", indicating strong accumulation.

Market sentiment: The rise of Bitcoin above $100,000 has created momentum for the altcoin market, with ETH leading this trend.