Technical Momentum & Market Drivers
Short squeezes and bullish technical patterns are fueling a strong upward push. ETH recently broke above $4,100, triggering over $105 million in short liquidations, which is adding buying pressure and momentum toward $4,400–$4,500.
Brave New Coin highlights that surging past $4,200 resistance with sustained volume signals potential momentum that could lead ETH into the $4,500–$5,000 zone.
FXStreet points to institutional demand—particularly from corporate treasuries—and ETF inflows as strong fundamentals backing $ETH rise toward $4,500.
CryptoNews echoes these sentiments: after clearing $4,000 and the Fibonacci 1.618 extension, ETH is now eyeing $4,500, with the $4,868 all-time high still in sight.
Coinpedia adds that ETH’s breakout is reinforced by short squeeze dynamics and institutional inflows. Clearing the $4,350–$4,500 resistance zone could open the path to $5,000 or higher.
Final Thoughts
Ethereum is in a powerful uptrend, driven by technical breakouts, institutional buying, and ETF-led demand. While $4,500 is a clear next target, a break above may lead to $5,000+, potentially challenging its all-time high (around $4,868). That said, short-term consolidation or pullbacks remain possible, especially if volume stalls or momentum wanes.
