$ETH Ethereum (ETH) is experiencing a significant rally in May 2025, surging 44% from around $1,800 to over $2,600, breaking through key technical levels like the 50-day, 100-day, and 200-day EMAs. This bullish momentum is supported by strong trading volumes and renewed investor confidence. Analysts are optimistic, with some predicting ETH could reach $5,000 this year, driven by institutional interest and upcoming network upgrades. However, caution is advised as the market assesses whether this surge is sustainable or a potential bull trap. Traders should monitor market indicators closely to navigate this volatile period.
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