#ETHCrossed2500
On May 11, Ethereum showed strong resistance by surpassing the psychological barrier of $2,500, driven by expectations regarding the possible approval of spot ETFs and renewed institutional interest. This level, key in technical analysis, had been acting as resistance for several weeks prior. The rise was also supported by a more optimistic macroeconomic environment and a slight recovery in risk appetite in the markets. However, the sustainability of this momentum will depend on factors such as the evolution of the crypto market in general, regulation, and the confidence of retail and institutional investors in the medium term.