$ETH just made +50% in May: from ~$1800 to ~$2770
#RSI daily is between 70–78 → historic overbought zone
#Volumen has not risen in proportion to the price
$BTC has not accompanied strongly → negative divergence
There is an expiration of ETH and BTC options on May 30 and 31 → a lot of speculative pressure.
The technical pullback to the $2,550–$2,600 area has already occurred, and ETH is now in a consolidation phase. This behavior is consistent with historical patterns, where after a pullback, ETH tends to consolidate before deciding its next direction.
Current projections suggest that ETH could reach $2,789.69 by May 31, 2025, indicating a possible continuation of the bullish momentum.