Key Factors Behind the Surge

Market Momentum: The price breakthrough comes after weeks of consolidation around the $2,400 to $2,500 range, with ETH finally piercing through key resistance levels.

Institutional Interest: Increased attention from institutional investors has contributed to the upward pressure on ETH's price.

Technical Indicators: The ongoing rally has produced four consecutive bullish candles over the past five days, contributing to a nearly 45% price increase.

Market Outlook

Analysts suggest that if Ethereum maintains its momentum and breaks through the next resistance levels, it could target the $3,000 mark in the near term. However, investors should remain cautious and monitor market developments closely.

$BTC

$XRP

$ETH

Visual Overview

Here are some images illustrating Ethereum's recent performance:

Ethereum Price Chart

A chart depicting Ethereum's price movement in May 2025, highlighting the recent surge above $2,600.

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**Ethereum Price Chart**

1094-3A chart depicting Ethereum's price movement in May 2025, highlighting the recent surge above $2,600. 33Market Sentiment

An infographic showing the bullish sentiment among investors contributing to Ethereum's price increase.

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**Market Sentiment**

1384-1An infographic showing the bullish sentiment among investors contributing to Ethereum's price increase. 38Trading Volume

A graph illustrating the spike in Ethereum's trading volume coinciding with the price surge.

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**Trading Volume**

1590-1A graph illustrating the spike in Ethereum's trading volume coinciding with the price surge. 43

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*Note: Cryptocurrency markets are highly volatile. It's essential to conduct thorough research and consider risk factors

before making investment decisions.*