$ETH As of May 16, 2025, Ethereum (ETH) is trading at approximately $2,605.12 USD, reflecting a slight increase of 0.0165% from the previous close. The day's trading has seen a high of $2,631.38 and a low of $2,496.89.

Ethereum maintains its position as the second-largest cryptocurrency by market capitalization, with a current market cap of $220.63 billion .

📈 Recent Market Trends

Over the past week, ETH has experienced a significant rally, surging approximately 43.6% between May 7 and May 14, 2025, reaching around $2,600. Analysts attribute this upward momentum to the unwinding of short positions rather than new bullish investments .

🔍 Investor Insights

Despite the recent gains, some caution is advised. The rally appears to be driven more by short covering than by fresh long positions, indicating that the price increase may not be underpinned by strong new demand. Additionally, inflows into U.S.-listed spot Ether ETFs remain muted, suggesting a cautious stance among institutional investors .

If you're interested in a more detailed analysis or future price predictions for Ethereum, feel free to ask!