Ethereum reached a new all-time high last night, but peaked around 4960 before dropping. It only surpassed the previous all-time high by less than 100 points, which is about 2%. Looking at historical data, ETH has never seen a market cycle that only refreshes by such a small amount before ending. Therefore, after a short-term consolidation, it is certain that it will break through 5000 and create a new all-time high.