(ETH) ready to explode: analysts predict it could rise to $5,000.

*Ethereum could make a possible return towards the $5,000 level thanks to key long-term indicators.

*Finally, the SEC's approval of eight Ethereum spot ETFs has significantly increased investor interest.

*Blockchain Mane emphasizes the importance of Fibonacci retracement and parabolic curve in predicting Ethereum price movements.

Discover the latest insights into Ethereum's potential comeback, driven by key technical indicators and recent regulatory developments. The US Securities and Exchange Commission (SEC) approved eight spot exchange-traded funds (ETFs) #Ethereum on May 23. This regulatory milestone resulted in a 19.56% increase in Ethereum dominance, according to data from TradingView. The approval triggered growing investor interest, signaling a possible bull run for Ethereum.$ETH #Ethereum