$ETH Ethereum is currently in a strong bullish movement — the price is holding above $4,500, and it seems that the breakout at $4,000 has become the starting point of a new impulse. Over the past week, ETH has risen by almost 30%, and this is just the beginning.

The main resistance at the moment was around $4,000 — a psychological and technical zone. We have confidently passed it. The next targets on the chart are $4,500 (we are already close), and then $4,865 (historical maximum) and $5,000. If we settle above these levels, then $7,000 and $8,000 will be in play — especially considering the interest from institutions and the growth of DeFi.