📈 ETH Ready to Explode — $5K Target in Sight After Long Con
koinmilyoner
Updated at: 9 hours ago
{"content":"📈 ETH Ready to Explode — $5K Target in Sight After Long Consolidation
Ethereum might soar to $5,000, its all-time high. To achieve this psychological threshold, ETH must overcome its first obstacle, according to the expert.
Ethereum is set to rebound from enormous consolidation to $5,000. He predicted initial resistance between $4,000 and $4,200. After that, there is no resistance until $4,800–$5,000, which might trigger this run to $5,000 psychologically.
Analyst: Ethereum is still optimistic and outperforming Bitcoin. He thinks drops from here might be good buys. Indeed, ETH outperforms BTC. In the previous 30 days, the former is up over 61% and the latter 11%.
Ethereum is also trying to retake the first barrier between $4,000 and $4,200. The biggest altcoin by market broke over $3,900 and is trying to reach $4,000 for the first time since November.
He said on X that the ETH/BTC chart is approaching the reload zone, which might lead to a huge Ethereum breakout. His chart predicted the cryptocurrency may rise to $7,300–$8,700 on this run. In this market cycle, ETH's run above $5,000 is unlikely to signify the peak.
Ethereum's dominance had risen to 12% for the first time in five years. ETH dominance last hit 12% in July 2020, precisely five years ago. Rekt Capital said the altcoin's dominance might reach 14% with this surge.
This might start altcoin season, lead by Ethereum. Blockchain Center data reveals that the altcoin season index has risen to 47, but it must reach 75 to be called season.
#ETHReclaims3800 #ETH $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/28/176c4e678ace91f4a254eb4c4cded393.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}