$ETH Ethereum (ETH) has recently surged past the \$2,500 mark, marking a significant milestone in its price trajectory. This rally follows a 35% increase over three days, propelled by the successful implementation of the Pectra upgrade, which enhanced Ethereum's scalability and efficiency . The surge is further supported by a notable rise in institutional interest, with firms like Abraxas Capital withdrawing substantial amounts of ETH from exchanges, indicating strong buying pressure .([Blockchain News][1], [FX Leaders][2], [FXStreet][3])
Technical indicators suggest that Ethereum's bullish momentum could continue, with analysts pointing to potential resistance levels at \$2,850 and beyond . However, some caution that the \$2,500 level may act as a short-term resistance, potentially leading to a brief pullback before any further upward movement . As of now, Ethereum is trading around \$2,538.66, reflecting a slight decrease of 0.065% from the previous close.([FXStreet][3], [Binance][4])
## Stock market information for Ethereum (ETH)
* Ethereum is a crypto in the CRYPTO market.
* The price is 2538.66 USD currently with a change of -1.66 USD (-0.00%) from the previous close.
* The intraday high is 2561.23 USD and the intraday low is 2452.84 USD.