Ethereum Hits 4 Year Highs Leading Crypto Market Rally As Analyst Sees $5,241 Next Stop

Ethereum price is just 5% from its all-time high, with analyst expecting the next stop at $5,241 based on the MVRV pricing bands.

Ethereum (ETH) is once again leading the broader crypto market rally with 8.5% gains in the last 24 hours, and is currently trading at a four-year high of $4,666. With ETH less than 5% from its all-time high levels, analysts are hopeful for fresh all-time highs beyond $4,891 supported by multiple factors like ETH treasury race, Ether ETF inflows, etc. Other altcoins have also joined the rally with Solana (SOL) gaining 12.9%, Dogecoin (DOGE) up 7%, Cardano (ADA) up 10%, and Chainlink (LINK) up 12%.$ETH #ETH5kNext? #ETHRally #ETHOvertakesNetflix #ETHTreasuryStrategy