After months of consolidation below $2000, Ethereum has finally broken through $2500, briefly touching this milestone before retreating to the $2470–2480 range. Bulls believe that with the momentum from ETFs and an increase in DeFi activities, ETH is poised for a significant rally. However, bears point out that there is strong resistance at $2500 and warn of a potential short-term pullback.

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Event time: 2025-05-11 06:00 (UTC) to 2025-05-12 06:00 (UTC)

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