Ethereum Breaks Through Resistance, Sets New Highs – Could Bull Run Continue?

Ethereum’s price surged past $2,400 after its recent Pectra upgrade, indicating a strong bullish trend. This significant movement follows the completion of a bull pennant pattern, suggesting sustained upward momentum. Analysts attribute this surge to increased DeFi applications and growing institutional investments. Meanwhile, Bitcoin Pepe (BPEP) is set for a May 31st launch, promising fast transaction speeds on Bitcoin’s network. The combination of these factors has fueled excitement within the crypto market.