We saw an ATH on Ethereum, but the main goal for $ETH will be to break above $5000.
We haven't yet seen the headline "Ethereum $5000!" There was serious selling pressure at $5000. Large sales prevented ETH from reaching $5000. Ethereum is regaining strength to surpass this target.
With FED interest rate cuts, a new era may begin for ETH and altcoins. By the end of September, approvals for ETF applications may also come. With positive developments, ETH will exceed $5000. With Ethereum surpassing $5000, an altcoin bull market could begin.
