Will $ETH Touch Its All-Time High? Here’s What the Market Says
Ethereum is showing serious strength. At $2,711, ETH is up over 3.5% in the last 24 hours. The excitement? Many believe this could be the start of a push toward its all-time high near $4,878.
But what’s fueling this momentum?
• Supply shock: ETH on exchanges is at a 10-year low. Holders aren’t selling.
• Institutional moves: BlackRock just made a $45M bet on ETH.
• ETF anticipation: ETH spot ETF approval talks are heating up.
• Strong technicals: RSI is rebounding, and bullish patterns are forming.
• Macro tailwinds: BTC is stable, and broader market sentiment is shifting bullish.
Analysts are eyeing the $2,800–$2,900 range as the next resistance zone. If ETH breaks through cleanly with volume, $3,000 could come fast — and from there, the road to ATH is wide open.
But caution is key. If ETH slips below $2,500, we could see a short-term pullback to $2,300.
