With technological upgrades and ETF expectations, can ETH challenge $3000? Ethereum's recent strong performance can be attributed to its intrinsic technological advances and the improvement of the external macro environment. On May 7, Ethereum successfully implemented the Pectra upgrade, introducing a series of key technological improvements, including higher staking limits, account abstraction (EIP-7702 standard), and more, significantly enhancing the usability and flexibility of the Ethereum network. In addition, market expectations for Ethereum spot ETFs have also boosted investor confidence. On the technical side, the price of Ethereum has broken through the 200-day Exponential Moving Average (EMA), marking a key turning point in the bullish trend. If it can hold above the $2500 level, the next target may point to $3000. However, attention should be paid to the short-term pullback signals released as the Relative Strength Index (RSI) enters the overbought territory. Overall, Ethereum is expected to continue its upward trend driven by both technological upgrades and market expectations, but investors need to remain cautious and pay attention to market dynamics.
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#ETH近3日大幅上涨
With technological upgrades and ETF expectations, can ETH challenge $3000?
Ethereum's recent strong performance can be attributed to its intrinsic technological advances and the improvement of the external macro environment. On May 7, Ethereum successfully implemented the Pectra upgrade, introducing a series of key technological improvements, including higher staking limits, account abstraction (EIP-7702 standard), and more, significantly enhancing the usability and flexibility of the Ethereum network. In addition, market expectations for Ethereum spot ETFs have also boosted investor confidence.
On the technical side, the price of Ethereum has broken through the 200-day Exponential Moving Average (EMA), marking a key turning point in the bullish trend. If it can hold above the $2500 level, the next target may point to $3000. However, attention should be paid to the short-term pullback signals released as the Relative Strength Index (RSI) enters the overbought territory.
Overall, Ethereum is expected to continue its upward trend driven by both technological upgrades and market expectations, but investors need to remain cautious and pay attention to market dynamics.