waqsha

#ETH5kNext? Ethereum (ETH) is aiming for $5k next! 🚀 According to recent news, Ethereum's price has surged faster than most traders thought, hitting a multi-year high of about $4,500 for the first time since December 2021. This bullish momentum is fueled by¹ ² ³:
- *Institutional Investment*: Massive cash inflows from institutional investors, including BlackRock's Ethereum ETF (ETHA), which recorded a single-day net inflow of 106,827 coins worth around $320 million.
- *Corporate Treasury Accumulation*: BitMine unveiled a $24 billion deal to buy more ETH, boosting its treasury value to $4.96 billion.
- *Bullish Technicals*: Ethereum's price is trading above the upper Bollinger Band, with MACD lines reinforcing bullish momentum.

Analysts predict⁴:
- *Short-term target*: $4,500 and all-time highs above $4,891.
- *Mid-term target*: $3,800 as ETF interest builds and L2 adoption grows.
- *Long-term target*: $5,000–$6,500 by the end of 2025.

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