Ethereum surges to new all-time high following Powell's dovish hints, eyes🎯 $6,000🔥

Here’s an analysis of the claim: “$ETH surges to new all-time high following Powell’s dovish hints, eyes $6,000.”

What’s happening🤔?

• #Ethereum recently surpassed the ~$4,868 level, setting a new all-time high in the short term. FXStreet+1Business Standard

• The rally was sparked by dovish signals from Fed Chair Powell—hinting at potential interest rate cuts—which boosted risk-on sentiment across markets. FXStreetCointelegraphBusiness Standard

• Institutional inflows, including spot Ethereum ETFs and corporate treasuries, also contributed to upward momentum. FXStreetCointelegraphBusiness Standard

Is 💲6,000 a realistic next target?

• Technical indicators and patterns (like a bull flag breakout) do point to potential upside toward the $6,000–$6,150 region. CointelegraphFXStreet+1

• Some analysts and forecasts indeed project higher targets, even citing $7,500 and beyond as potential by year-end. FXStreetCointelegraph

Risks and Key Levels

• A firm close above the previous high helps validate the bullish breakout thesis. FXStreet+1Cointelegraph

• However, if price falls below key support levels, such as around $4,100, the bullish case could be invalidated and deeper corrections may follow. FXStreet+2FXStreet+2Business Standard

Conclusion:

• Yes, #Ethereum has surged to new near-record highs and the identified bullish drivers support a potential move toward $6,000.

• However, this is speculative, momentum-driven, and subject to market sentiment and key support levels.

• If you’d like real-time chart analysis or probability-based outlooks, we can dig deeper.

  #EthereumNews #ETH🔥🔥🔥🔥🔥🔥