Point of view: ETH is approaching the resistance level of 2500 USD, and overheated trading may trigger a short-term pullback.

According to a report from 深潮 TechFlow on May 20, analysis by CryptoQuant author ShayanMarkets indicates that the price of Ethereum is approaching the key resistance level of $2500, and the market is showing signs of overheating. Data from the exchange shows that the volume has seen a significant pump, mainly influenced by profit-taking and the supply inventory within this price range.

ShayanMarkets believes that the current overheated market conditions indicate a potential short-term correction, which will create conditions for a new round of accumulation. It is expected that Ethereum will continue to maintain a consolidation trend until sufficient new demand emerges to push the price above the resistance level.

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