After months of consolidation under $2,000, Ethereum has officially crossed $2,500, briefly touching the milestone before pulling back to the $2,470–$2,480 range. Bulls say ETH is gearing up for a major run with ETF momentum and rising DeFi activity. Bears, however, point to strong resistance at $2.500 and warn of a potential short-term pullback. 💬 Where do you think ETH is headed next? Share your thoughts! 👉 Create a post with the #ETHCrossed2500 or the $ETH cashtag, or share your trader’s profile and insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center) Activity period: 2025-05-11 06:00 (UTC) to 2025-05-12 06:00 (UTC) Points rewards are first-come, first-served, so be sure to claim your points daily!
The latest CMC Altcoin Season Index is sitting at 29/100, which clearly signals that we’re in a Bitcoin Season, not an altcoin one. For those unfamiliar, a score below 25 strongly favors Bitcoin dominance, while 75+ would indicate we’re truly in an altcoin season. At 29, we’re hovering just above the Bitcoin-heavy threshold. 📉 Over the past 90 days, the trend has stayed mostly bearish for altcoins, with the index struggling to gain momentum. The chart reflects a steady flatline, suggesting altcoins haven’t seen widespread growth relative to Bitcoin recently.
Bull Run: How Long Will the Crypto Market Boom Last?* The crypto market is experiencing a significant bull run, but how long will this trend last? Let's analyze the factors influencing the sustainability of the current market boom. *Key Factors* 1. *Institutional Investment*: Continued investment from institutional players can provide stability and fuel growth. 2. *Adoption and Use Cases*: Increasing adoption and practical use cases for cryptocurrencies can drive demand. 3. *Regulatory Environment*: Clear and favorable regulations can support market growth. 4. *Market Sentiment*: Positive market sentiment and investor enthusiasm can sustain the trend. 5. *Global Economic Conditions*: Economic uncertainty or instability can impact the market.
Bull Run: How Long Will the Crypto Market Boom Last?* The crypto market is experiencing a significant bull run, but how long will this trend last? Let's analyze the factors influencing the sustainability of the current market boom. *Key Factors* 1. *Institutional Investment*: Continued investment from institutional players can provide stability and fuel growth. 2. *Adoption and Use Cases*: Increasing adoption and practical use cases for cryptocurrencies can drive demand. 3. *Regulatory Environment*: Clear and favorable regulations can support market growth. 4. *Market Sentiment*: Positive market sentiment and investor enthusiasm can sustain the trend. 5. *Global Economic Conditions*: Economic uncertainty or instability can impact the market.
Bull Run: How Long Will the Crypto Market Boom Last?* The crypto market is experiencing a significant bull run, but how long will this trend last? Let's analyze the factors influencing the sustainability of the current market boom. *Key Factors* 1. *Institutional Investment*: Continued investment from institutional players can provide stability and fuel growth. 2. *Adoption and Use Cases*: Increasing adoption and practical use cases for cryptocurrencies can drive demand. 3. *Regulatory Environment*: Clear and favorable regulations can support market growth. 4. *Market Sentiment*: Positive market sentiment and investor enthusiasm can sustain the trend. 5. *Global Economic Conditions*: Economic uncertainty or instability can impact the market.
In this case, the wedge is forming after a clear impulse move and is supported by a solid base at the buyer zone. Multiple impulses from this level and consistent support at the current support zone have pushed the price higher, with bullish momentum now clearly in control. After a breakout from the previous resistance zone and a clean retest of the support area, the price started a strong rally. This move aligns well with the wedge formation, where both trend lines are narrowing upward, indicating that buyers are pushing steadily higher while sellers are becoming more aggressive, a setup that often leads to an explosive breakout if the resistance is breached.
In this case, the wedge is forming after a clear impulse move and is supported by a solid base at the buyer zone. Multiple impulses from this level and consistent support at the current support zone have pushed the price higher, with bullish momentum now clearly in control. After a breakout from the previous resistance zone and a clean retest of the support area, the price started a strong rally. This move aligns well with the wedge formation, where both trend lines are narrowing upward, indicating that buyers are pushing steadily higher while sellers are becoming more aggressive, a setup that often leads to an explosive breakout if the resistance is breached.