Ethereum (ETH) May 2025 Surge: Can It Hit $3,000?
As of May 11, 2025, Ethereum (ETH) trades at $2,709.93, recently breaking $2,600, signaling bullish momentum. Technical analysis shows ETH holding above the 200-day MA, with RSI at 55, indicating room for growth. The Pectra upgrade boosts staking efficiency and L2 scalability, with TVL at $142B and strong institutional buying. Key support lies at $2,500, with resistance at $2,800. A breakout could target $3,000. Watch Fed policy and market sentiment—avoid chasing highs!