In the world of cryptocurrency trading, every moment can completely change the profile of your portfolio, and Ethereum is currently going through a pivotal phase that can create wealth or squander irreplaceable opportunities.

In recent days, Ethereum has witnessed a strong rise that has sparked activity in the options market, with traders spending over $5 million on bets at the $5,000 level, expiring on September 26, all in a clear wager on an upcoming breakthrough of this important psychological barrier. As of the moment of writing these lines, Ethereum is trading at $4,670, with an astonishing increase of 26% over the past month.

Not only that, but we have also seen a demand for call options at levels of $5,500 and $6,000, and even ambitious bets at $7,500 expiring in December. Analysts believe that there is still room for Ethereum to make greater leaps, after lagging behind Bitcoin and XRP in setting new peaks during this cycle. Current target levels range between $5,000 to break historical peaks and $7,200 as the next phase, should the current momentum continue.