Ethereum (ETH) Analysis
Current Price and Context
The price of Ethereum remains around USD 4,800, recently reaching all-time highs of around USD 4,867–4,884.
The rally has been driven by an accommodative stance from the Federal Reserve, coupled with a renewed influx of funds into ETH ETFs.
Additionally, Bitcoin whales are exchanging BTC for ETH, and some traders are projecting a next target of up to USD 5,500.
