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As of early Sunday, May 11, 2025, Ethereum (ETH) is trading at approximately $2,506.66, marking a significant 7.29% increase over the previous 24 hours. This surge contributes to a remarkable 36% gain over the past week, positioning ETH for its best weekly performance since May 2021. Key Factors Driving Ethereum's Rally: 1. Pectra Network Upgrade: Ethereum's recent Pectra upgrade has enhanced the network by introducing features like smart accounts, increased staking limits, and improved scalability. These advancements have bolstered investor confidence and contributed to the price surge. 2. Institutional Accumulation: Significant purchases by large investors, notably Abraxas Capital's withdrawal of $297 million worth of ETH from exchanges, indicate strong institutional interest and a bullish market sentiment. 3. Positive Market Sentiment: Optimism surrounding global trade developments, including the U.S.-U.K. trade agreement and anticipated U.S.-China trade talks, has uplifted broader market sentiment, benefiting cryptocurrencies like Ethereum. Looking Ahead: Analysts are closely watching Ethereum's momentum, with some suggesting the potential for ETH to test the $3,000 resistance level if current trends continue. $ETH {spot}(ETHUSDT)
As of early Sunday, May 11, 2025, Ethereum (ETH) is trading at approximately $2,506.66, marking a significant 7.29% increase over the previous 24 hours. This surge contributes to a remarkable 36% gain over the past week, positioning ETH for its best weekly performance since May 2021.

Key Factors Driving Ethereum's Rally:

1. Pectra Network Upgrade: Ethereum's recent Pectra upgrade has enhanced the network by introducing features like smart accounts, increased staking limits, and improved scalability. These advancements have bolstered investor confidence and contributed to the price surge.

2. Institutional Accumulation: Significant purchases by large investors, notably Abraxas Capital's withdrawal of $297 million worth of ETH from exchanges, indicate strong institutional interest and a bullish market sentiment.

3. Positive Market Sentiment: Optimism surrounding global trade developments, including the U.S.-U.K. trade agreement and anticipated U.S.-China trade talks, has uplifted broader market sentiment, benefiting cryptocurrencies like Ethereum.

Looking Ahead:

Analysts are closely watching Ethereum's momentum, with some suggesting the potential for ETH to test the $3,000 resistance level if current trends continue.

$ETH
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Bullish
let's buy it $TRUMP for this effort
let's buy it $TRUMP for this effort
never ever
never ever
Md RM
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Bullish
$TRUMP
It possible again ?šŸ”„
Smash that like button if you're still holding onto your #XRP! šŸ’ŖšŸš€
Smash that like button if you're still holding onto your #XRP! šŸ’ŖšŸš€
šŸ” Today's Crypto Insight: Did you know that Bitcoin dominance is currently at 45%? As altcoins rise, keep an eye on Ethereum and its upcoming updates that could drive prices higher! šŸ“ˆ #Crypto #Bitcoin #Ethereum #Blockchain #CryptoNews
šŸ” Today's Crypto Insight: Did you know that Bitcoin dominance is currently at 45%? As altcoins rise, keep an eye on Ethereum and its upcoming updates that could drive prices higher! šŸ“ˆ #Crypto #Bitcoin #Ethereum #Blockchain #CryptoNews
I just waited for ARB breakout I hold this for a months I just wish it go 1$ at least
I just waited for ARB breakout
I hold this for a months I just wish it go 1$ at least
Abdul Jaleel Qadri
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Bullish
You will see these coins going to the moon in next 5-6 months.šŸš€šŸš€
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Bullish
šŸš€ Ready for altseason! Entered $TAO at $167.6 and holding strong. Huge thanks to @CryptoWizardd for the ā€œcallā€! Riding this V-shaped recovery and expecting even more šŸŒ• Who’s on your watchlist? #HODL #AltSeason #TAO #Crypto
šŸš€ Ready for altseason!
Entered $TAO at $167.6 and holding strong. Huge thanks to @CryptoWizardd for the ā€œcallā€!
Riding this V-shaped recovery and expecting even more šŸŒ•
Who’s on your watchlist?
#HODL #AltSeason #TAO #Crypto
āš ļø ATTENTION PLEASE āš ļø Don't Rush Into New Tokens! When a new token launches, don’t trust the hype immediately. Give it time—observe the price movements, understand the market behavior, and analyze the fluctuations. Take a look at the graph of $SXT —within the first hour, it started dropping. Choose wisely. Spend only after proper analysis
āš ļø ATTENTION PLEASE āš ļø
Don't Rush Into New Tokens!
When a new token launches, don’t trust the hype immediately. Give it time—observe the price movements, understand the market behavior, and analyze the fluctuations.
Take a look at the graph of $SXT —within the first hour, it started dropping.
Choose wisely.
Spend only after proper analysis
finally $BTC 100k 😭🤧🄹
finally $BTC 100k 😭🤧🄹
after a long time $ETH hit 2000$ first achievement has done now prepare your self for next target which will be 2500$ / 3000$
after a long time $ETH hit 2000$ first achievement has done
now prepare your self for next target which will be 2500$ / 3000$
booooooooom $SOL explode as I predicted when it will cross their resistance it will go to moon
booooooooom $SOL explode as I predicted when it will cross their resistance it will go to moon
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Bullish
1. Current Price: $154.73 $SOL 2. Resistance Level: Around $156.89 (clearly marked on the chart) 3. Support Level: Around $144.35 4. Recent Momentum: Strong bullish candles have pushed the price from the support zone to just below the resistance. Potential Next Moves: Scenario 1: Breakout Above Resistance ($156.89) If the bullish momentum continues and volume supports it, SOL could break above $156.89, targeting the next psychological/resistance level around $160-$164 or even $168. Scenario 2: Rejection at Resistance If SOL fails to break above $156.89 convincingly, it may retrace back to $150-$148 for a retest or consolidation before another attempt. Indicators to Watch: Volume: A spike in volume on a green candle above $156.89 confirms breakout. RSI: If overbought, a pullback is likely. Candle Reactions at Resistance: Watch for wick rejections or reversal patterns.
1. Current Price: $154.73 $SOL

2. Resistance Level: Around $156.89 (clearly marked on the chart)

3. Support Level: Around $144.35

4. Recent Momentum: Strong bullish candles have pushed the price from the support zone to just below the resistance.

Potential Next Moves:

Scenario 1: Breakout Above Resistance ($156.89)
If the bullish momentum continues and volume supports it, SOL could break above $156.89, targeting the next psychological/resistance level around $160-$164 or even $168.

Scenario 2: Rejection at Resistance
If SOL fails to break above $156.89 convincingly, it may retrace back to $150-$148 for a retest or consolidation before another attempt.

Indicators to Watch:

Volume: A spike in volume on a green candle above $156.89 confirms breakout.

RSI: If overbought, a pullback is likely.

Candle Reactions at Resistance: Watch for wick rejections or reversal patterns.
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