Here is a brief analysis of Ethereum $ETH in the context of Bitcoin's recent growth:
Fundamental background:
BTC growth often 'pulls up' ETH:
Historically, Ethereum rises with a lag following Bitcoin, especially after breaking important levels.
Investors, seeing strong BTC growth, begin to look for a 'second wave of profits' in ETH and other altcoins.
Expectations around Ethereum ETF:
If news emerges about a potential approval of a spot Ethereum ETF in the USA, it will act as a growth catalyst.
DeFi and Layer-2 activity:
Increased transactional activity and demand for gas may also support ETH growth.
Technical analysis of ETH (assuming BTC rises above $100k):
Current ETH price: (approximately, as it depends on the moment) — $5,000+
Resistance:
$5,300 — local maximum
$5,800–$6,000 — long-term target (historical maximum)
Support:
$4,700 — previous consolidation level
$4,300 — strong demand zone
Forecast:
If $BTC confidently breaks through $100k and holds, ETH is likely to break $5,300 and aim for $6,000 in the coming weeks. Furthermore, the percentage growth potential of ETH may be higher than that of BTC, due to a lower base and less capital.