According to Milk Road (@MilkRoadDaily), Ethereum ($ETH) rallied over 40% in May 2025, marking its first green month of the year, driven by anticipation for the Pectra upgrade. This significant price movement highlights renewed investor confidence and increased trading volumes, making $ETH a focal point for both short-term and long-term traders. The Pectra upgrade is viewed as a major catalyst, with expectations of improved network efficiency and scalability fueling bullish sentiment across the crypto market. Traders are closely monitoring $ETH's support and resistance levels as the upgrade's implementation date approaches, with potential for increased volatility and liquidity around these milestones (source: Milk Road, June 2, 2025).