#ETHRally

Ethereum is currently on a rally, trading near its all-time high. The cryptocurrency's price is less than 10% below its peak, fueled by growing institutional interest and significant inflows into spot Ethereum ETFs. Here are some key points to consider¹ ²:

- *Current Price*: Ethereum's current price is around $4,710.04, with a 5% increase in the last 24 hours.

- *Resistance Level*: The next major resistance level is around $4,800-$5,000, which could be reached if the bullish momentum continues.

- *Support Level*: The key support level is around $4,000-$4,200, which has been tested recently.

- *Market Sentiment*: The market sentiment is bullish, with many analysts predicting a potential surge to $6,000 or even $10,000-$15,000 by year-end.

- *Institutional Interest*: Growing institutional interest in Ethereum is evident from the increasing holdings in exchange-traded funds and investment products.

Some analysts predict a potential correction due to the overbought conditions, while others see a continued upward trend. It's essential to keep an eye on the market and adjust your strategy accordingly.