Ethereum’s Price Battles Resistance Near $2,625, Yet Support at $2,500 Remains Strong

Despite a recent dip, Ethereum continues to hold its critical support around the $2,500 mark. Market prediction models suggest a 72% chance of staying above this level by May 16th. This bullish outlook has been fueled by rising optimism and increased trading activity in recent days. The shift in sentiment reflects traders’ increasing focus on long-term fundamentals, rather than short-term fluctuations.