#ETHBreaksATH Data on the return of investors' risk appetite paves the way for an Ether price of $5,000

Robust on-chain activity, a resilient futures market, and improved investor optimism drive the likelihood of ETH reaching $5,000.

Ethereum network activity increased by 63% in 30 days, reinforcing the argument for an imminent breakout to $5,000.

Open interest in Ether futures surged to $69 billion, highlighting strong demand for leveraged exposure.

It surged to its highest level in nearly four years on Friday, triggering $351 million in liquidations of leveraged bearish bets.

This surge came after investors priced in a less restrictive monetary policy in the United States, following statements from U.S. Federal Reserve Chair Jerome Powell.