$ETH

In recent days, Ethereum has sparked a strong wave of activity in the options market, with bets surpassing $5 million on a breakout above the $5,000 level by September 26. The current price is $4,670, up 26% over the month, while investors' eyes are set on levels of $5,500, $6,000, and even $7,500 in December.

Analysts believe that momentum could push Ethereum to exceed its historical peaks reaching $7,200 if the current performance continues, especially after lagging behind Bitcoin and XRP in setting new highs.

Santiment data reveals that small traders are selling at every rise, while large investors continue to quietly accumulate, a scenario that often paves the way for a strong breakout.

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