ETH/USDT at $2,470.49: Bulls Taking Charge—Is $2,500 in Sight?

Ethereum (ETH) is surging, reaching $2,470.49 with a 6.28% increase. **Is $2,500 within reach, or should we expect resistance?**

- **Bollinger Bands:** ETH is riding the upper band, indicating strong bullish momentum, but a potential pullback could occur soon.

- **MACD:** Positive and rising, supporting the bullish momentum and suggesting further upward movement.

- **RSI:** At 75.80, slightly overbought, meaning **a short-term pullback is possible**, but momentum remains strong.

- **William %R:** At -27.04, indicating the bullish trend is still ongoing, with some caution advised.

**Conclusion:**

Ethereum is charging ahead, with $2,500 in sight. Traders should be prepared for a potential pullback as overbought conditions loom, but momentum is clearly in favor of the bulls.