ETH keeps pumping! Ethereum "breaks $2450" with a one-month rebound of 75%, bearish traders get liquidated.

While Bitcoin is once again at $100,000, Ethereum has been even stronger in the past 24 hours, and ETH has exceeded $2,450, the highest in two months. (Synopsis: News) Bitcoin breaks the $100,000 mark! Trump choked Fed chairman "did not cut interest rates") (Background added: Arthur Hayes predicts: Bitcoin 150,000 magnesium at the end of the month! Rush $1 million in 2028, the U.S. Treasury dominates global liquidity) Encouraged by Trump's announcement of a trade tariff deal with the United Kingdom and the imminent start of U.S.-China talks in Switzerland. Bitcoin climbed $104,000 this morning to a three-month high, driving the overall cryptocurrency market higher. In this rally, Ethereum (ETH), which has just completed the Pectra upgrade, has performed particularly well, rising more than 20% in the past 24 hours, and then launching a new round of rally alone after 2 noon, writing that it once touched $2,459, and the coin price has rebounded 75% from the low of early April. As the second largest token in the cryptocurrency market capitalization, the increase is so amazing, I don't know whether to say that it fell too much before, or if it was really too strong after the upgrade 0.0... ETH Air Force Burst First However, it is certain that the Ethereum Air Force must have contributed a lot of fuel. According to Coinglass data, ETH has liquidated $75.13 million in the past four hours, which is 265% of BTC at the same time, which shows that many investors who are short to Ether have been liquidated by the rapid rise in a short period of time. In addition, on-chain data also found that the wallet of the suspected Trump family World Liberty Financial purchased $3.5 million of ETH earlier. TRUMP’S WORLD LIBERTY JUST BOUGHT $3,500,000 WORTH OF $ETH. pic.twitter.com/vj7kjwsmjw — Ash Crypto (@Ashcryptoreal) May 9, 2025 The core of the Pectra upgrade There aren't many short-term positives about Ethereum in the market right now, except for Air Force fuel, which is probably the Pectra upgrade that has been completed this week. This brings three core updates to ETH to further optimize network performance and the ecosystem. Smart Account Wallet Function (EIP-7702): The account abstraction supports batch transactions, sponsored gas fees, and Smart Sessions to improve wallet user experience and transaction efficiency. 2x L2 data storage capacity: Pectra expands blob transaction capacity, doubling the data throughput of Layer 2 solutions such as Optimism and Arbitrum and reducing transaction costs. Validator experience improvement: Upgraded and optimized staking and verification operations, reducing technical barriers and increasing participation. Is ETH really starting a new wave of gains? Or a short-term short market? More time to observe. Related reports Michael Saylor shouted again that Microsoft is fast to buy bitcoin: the return on U.S. bonds and repurchased shares is too low, and it is hurting shareholders for a long time Bitcoin is approaching the $100,000 mark! The Air Force explosion tide is just around the corner? Bitcoin's strategic reserve is difficult to produce? The Democratic Party is "encircling and suppressing" Trump's new crypto deal "ETH keeps rising!" Ethereum's "breakthrough of $2,450" rebounded 75% in a month, and the Air Force exploded its position" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".