$ETH

Ethereum (ETH) is showing strong bullish momentum, with analysts predicting a potential rise toward $5,000 in the coming months. Recent technical breakouts, including a falling wedge reversal, have signaled a shift in market sentiment. Large-scale investors (whales) have been accumulating ETH, moving over 224,000 ETH off exchanges, the largest outflow in nearly two years—suggesting confidence in long-term price appreciation.

Institutional interest is also rising, with ETH ETFs seeing over $400 million in inflows last week, further supporting the bullish case. Additionally, the upcoming Ethereum network upgrades and the growing total value locked (TVL) in DeFi platforms indicate strong fundamentals. Analysts believe that if ETH surpasses the key $3,000 resistance, it could gain momentum toward $4,000 and beyond.