#ETH5kNext?
Ethereum is nearing $4,700–$4,800, with strong bullish momentum and institutional support positioning it to possibly break the $5,000 mark soon .
Current Price Momentum: $ETH recently hit a new high near $4,678, firmly above key moving averages, signaling continued upward trend .
Technicals & Resistance: Surpassing $4,800—its previous all-time high—could pave the way to tackle the psychological $5K barrier .
Institutional Fuel: Major institutional players like BlackRock and Bitmine have stepped in, boosting credibility and underlying demand for $ETH .
Market Sentiment: With recent gains exceeding 20% in a week, both retail and institutional buyers are rallying, making $5K a plausible near-term target .
In a nutshell: $ETH is on the brink of tipping over $5,000, driven by technical breakout, strong demand, and bullish sentiment.