Analysts say that if Ethereum breaks the resistance level of $5,241, it could approach $4,300

🚀 Will ETH rush to $5,241 after breaking $4,300?

On-chain analyst Ali Martinez pointed out that $4,300 is a key resistance level for Ethereum, using the MVRV extreme deviation pricing range.

📌 If it breaks, the model shows that ETH is expected to rush toward $5,241.

🔍 Key Highlights

Key Resistance: A breakout above $4,300 could trigger accelerated gains

Target Range: $5,241 (based on MVRV historical extreme value calculation)

Market Drivers: The trend is mainly influenced by trader sentiment and on-chain fund flows

✅ Reasons A is optimistic about ETH

On-chain activity continues to rise—L2, DeFi, and NFT are heating up again

Institutional funds are flowing back—ETFs and staking are bringing sustained buying

Technical outlook is solid—support remains intact, long-term trend is upward

🎯 A's trading focus: If ETH successfully holds above $4,300, it will closely watch for opportunities to surge toward $5,241.

📌 A detailed price path analysis & my position thoughts are already posted on Zhuye, go check it out yourself.