Ethereum price rallied 260% the last time this happened: Can ETH reach $5K?
Cointelegraph
Ethereum's price nears a historical buying zone near whale realized prices, suggesting a potential rally toward $5,000.Summary
Ether (ETH) is trading near its realized price for large holders (whales holding over 100,000 ETH), a level that has historically preceded major rallies, including a 260% surge in April. Analysts suggest this proximity to the realized price acts as a buying opportunity. Technically, ETH is showing signs of a V-shaped recovery on the weekly chart and is retesting the 50-week Simple Moving Average (SMA) at $3,300; breaking above $4,955 could complete the pattern. Furthermore, some technical patterns, like a falling wedge, project a massive breakout, with some analysts suggesting ETH could reach $5,000 or even above $5,800 by 2026, supported by potential spot ETF inflows.
(Source：Cointelegraph)