#ETHRally Ethereum is nearing a new all-time high, trading around $4,772, less than 10% below its peak. Growing institutional interest, reflected in increasing ETH holdings in exchange-traded funds like the iShares Ethereum Trust ETF, has sparked predictions of a potential breakout. If Ethereum surpasses its current resistance, it could trigger a wave of short liquidations, accelerating its upward momentum.

*Key Resistance Levels:*

- $4,632.3: A crucial level to watch, as breaking above this could lead to a significant rally

- $3,998.22: A potential support level if Ethereum fails to break above $4,632.3

- $5,210 and $6,946: Next target resistance zones based on Ethereum valuation bands¹ ²

*Expert Predictions:*

- Michaël van de Poppe predicts Ethereum could increase by 60% to reach $6,000 in the coming months

- Standard Chartered bank's Head of Forex and Crypto Research predicts $8,000 by the end of 2025 and $14,000 by 2026

- Some analysts foresee potential targets of $7,200-$7,350 or even $10,000 in the long term

*Market Trends:*

- Ethereum's recent breakout above $4,000 has sparked speculation about further gains

- Growing ETF inflows and pro-crypto policies have driven institutional participation

- Technical indicators like the MACD golden cross and RSI suggest a potential momentum shift