So get ready for the event 😎😎

If the price of Ethereum ($ETH ) reaches $5,000, this will be a significant event in the cryptocurrency market, and its impact will likely be as follows:

1. Increased liquidity in the market
This will lead to new money being injected from new investors and financial institutions, as the figure is considered a historic breakthrough that reflects the strength of confidence in the project.

$PEPE
2. Rise in Ethereum-related currencies
DeFi projects, NFTs, and Layer 2 (like Arbitrum and Optimism) will likely see strong increases as they rely on the Ethereum network.

3. Media activity and public interest
The media will amplify the news, which may attract a wave of FOMO (fear of missing out) buying and push prices temporarily to higher levels.

4. Increased network fees
Due to the density of transactions, gas fees may rise, which could pressure small users and push them towards alternative solutions or Layer 2.

$SOL
5. Possibility of strong profit-taking
Many long-term investors will close their positions at $5,000 or close to it, which may cause a price correction after the rise.

📌 In summary:
Reaching $5,000 will be a signal for Ethereum entering a "strong bullish market" phase and may lead other currencies to a collective rise, but we must be cautious that corrections afterward are very likely.#ETHOvertakesNetflix #BTCHashratePeak