1. Record: ETH surpasses the historic highs of 2021 (again)
Ethereum broke its previous ceiling from November 2021, reaching up to $4,945–$4,954. It was a key moment: with almost no historical resistances, the price entered unknown territory, driven by the limited supply model and growing institutional demand.
2. Flash crash: epileptic bounce and then collapse
The initial enthusiasm following Powell's speech gave way to a dramatic reversal. The price fell from nearly $4.95K to $4.4K: a liquidation of at least $838 million in positions, including $296M just in ETH.
3. Streak or real momentum?
On-chain, there is talk of a guard change: Bitcoin is no longer the center of attention. According to experts like Miles Deutsher, 'BTC is exhausted, but ETH is not.'
4. Institutional players moving pieces as if they were large tokens
Peter Thiel is making his move: he controls a significant percentage of ETHZilla and BitMine Immersion, both with strong positions in Ether. His entry speaks clearly: a new financial temple is being built around Ethereum.
5. DeFi continues to build
The ecosystem is not idle: smart contracts worth $96K million and stablecoins on the network worth $276K million. Many projects are heavily betting on DeFi and tokenization, strengthening the case for ETH as infrastructure.
6. Short-term: to reserve or keep scaling?
Scenario What would happen
Technical pullback Correction down to $4.2–4.4K if the 'Monday fears' remain alive.
Bullish continuation If it holds and stays above $4.6K, it could go straight to $5.2K–$5.5K and beyond.
