Xiao O's ETH Market Analysis Today

ETH has strongly broken through $4900 today, reaching a peak of $4959 before slightly retreating to the 4740-4800 range. The short-term key support is at 4700; if it holds, it is expected to attack the 5000 mark, but if it fails, it may drop to 4600.

My personal analysis of ETH's future market: the medium to long-term trend for ETH is strong, with institutions continuously increasing their holdings. The market prediction shows over a 90% probability of reaching 5000 by 2025. If it breaks through the key resistance level of 4900, the next target will be 7500, and it may even hope to surge to 9000-20000. In the short term, be cautious of technical corrections.

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