#ETH4500Next? #ETH4500Next on Binance: What's the Outlook?

Ethereum (ETH) has been on a tear recently, breaking past the $4,000 mark for the first time since December 2024. The big question on traders' minds is whether ETH can hit $4,500 next. Here's what the latest analysis says:

Current Price Action

- ETH is trading around $3,911.66 after hitting a high of $3,968.

- The Relative Strength Index (RSI) is at 44.77, indicating momentum is cooling.

- Price is under the moving average (MA) 7 but near MA 25, suggesting a possible pullback.¹

Price Predictions and Targets for ETH

- *Short-Term*: Analysts on Binance Square expect a potential 5% rise toward $4,201 in the next 30 days.

- *Mid-Term*: Forecasts point to

ETH challenging $4,500–$5,000, driven by bullish technical patterns, institutional adoption, and macroeconomic tailwinds.

- *Long-Term*: Some analysts predict ETH could hit $10K–$16K in a massive bull run.² ³

Key Levels to Watch

- *Support*: $3,906, $3,875, $3,805

- *Resistance*: $3,926, $3,950, $3,968