Ethereum Price Soars 44% in May: Breakout or Bull Trap?

  • Ethereum (ETH) has surged 44% since early May, marking a dramatic turnaround after a grueling 145-day decline. The price rebounded from around $1,800 to over $2,600, breaking through key technical levels, including the 50-day, 100-day, and 200-day exponential moving averages (EMAs).