#ETHRally Ethereum's price is currently around $4,735, with a 3.57% increase ¹. The #ETHRally seems to be gaining momentum, with Ethereum trading less than 10% below its all-time high. Institutional interest in Ethereum has been steadily increasing, as evidenced by growing ETH holdings in exchange-traded funds and investment products ².

Some analysts predict that Ethereum could break its all-time high, potentially targeting the $5,000 to $5,500 range. However, others warn of a possible correction due to overbought conditions ².

Here are some key takeaways from the current market analysis:

- *Short-term outlook*: A likely range of $4,000–$4,200, with potential to break toward $4,500–$5,000 if bullish momentum continues ².

- *Key supports*: $4,000–$4,200 and $3,800–$3,000 ².

- *Bullish scenario*: A sustained close above $4,760 could lead to a push toward the $4,900-$5,000 range ².

- *Bearish scenario*: A drop below the $4,256 support could see the price fall toward the $3,842 area ².