#ETHCrossed2500
Summary:
ETH broke above $2,500 but pulled back to $2,470-$2,480, raising questions about whether it's a solid breakout or a trap.
- Bulls: ETF momentum, DeFi growth, and technical improvements (Pectra) could take ETH to $3,000 or higher by 2025.
- Bears: Resistance at $2,500-$2,600, volatility, and macroeconomic risks suggest a possible pullback to $2,400 or $2,200 in the near term.
- Opinion: The breakout is promising, but a consolidation or small pullback is likely before a move toward $3,000 if the catalysts persist. Keep an eye on $2,400 (support) and $2,600 (resistance).
Recommendation: Accumulate on dips for the long term; for the short term, trade with caution and risk management.