$ETH My successful entry point and the latest news.

📈 As of now, Eastern European time on Friday, May 16, 2025, let's talk about Ethereum (ETH), which is currently trading at $2,585.62 with a nice increase of +1.43%. I am proud of my entry point at 2,015 USD - of course not the bottom, as I waited for signs of recovery before strengthening the position, and it turned out very well! My average entry point is at a level that brings good profit, as there were no further declines below it. It is a strategy that has paid off and I am very happy with how everything turned out.

Why I like this entry point

I waited for the market to show signs of recovery, avoiding panic on the declines, and it worked. Green candles on the chart and rising indicators like MACD (11.39) and STOCHRSI (63.18) suggest that ETH is gaining strength, which makes my timing even more palatable.

Latest ETH News

In mid-May 2025, a key event was the continued rollout of Ethereum’s latest update, which improves scalability and energy efficiency. Reports indicate the successful implementation of sharding improvements, which accelerated transactions by 20% compared to the previous month. This has sparked renewed interest, with analysts predicting a possible rise to $3,000 if the momentum continues. Additionally, the #EthereumSecurityInitiative is gaining momentum, building trust with new security protocols launched this week.

What do you think about the future of ETH? Share your thoughts!