#ETH5kNext?
After the recent wave of increases, Ethereum (ETH) is approaching historical resistance levels, amid rising expectations that it will reach 5000$ in the coming period.
The current momentum is supported by several factors, the most important of which are:
The launch of new financial products such as anticipated ETF funds in various markets.
Increased activity on the network with a rise in transaction volume and smart contracts.
Technical developments on the Ethereum network, including speed improvements and reduced fees.