According to analyst: Ethereum Poised for Breakout: $5,000 Target Comes Into Focus
Ethereum is once again attracting the spotlight. While Bitcoin stabilizes, the second giant of the crypto market could be preparing for a historic breakout. Several crypto analysts anticipate a parabolic run to a new high. The path to $5,000 seems clear… but how far can ETH really go?
Ethereum targets $5,000 after consolidation, with initial key resistance between $4,000 and $4,200.
ETH outperforms Bitcoin over 30 days: +61% versus +11%, with dominance rising to 12%.
Ethereum ETFs record 17 days of record inflows, revealing unprecedented institutional interest and sustained bullish pressure.
Ethereum is about to exit its long consolidation phase heading towards $5,000
According to his observations, the world’s second largest crypto is about to emerge from a lengthy consolidation phase to start an ascent towards $5,000.
The first key area to watch is between $4,000 and $4,200. If surpassed, the path would be clear to $4,800–$5,000, without major technical hurdles.
Currently, Ethereum is already testing the $3,900 resistance, brushing this critical zone with particularly favorable market momentum.
