Ethereum Price Last Time This Signal Appeared, It Surged 260%: Can ETH Break Through the $5000 Mark?
Ethereum (ETH) is approaching a critical on-chain metric that historically signals major buying opportunities, with analysts predicting a potential surge towards $5,000 by 2026. The price recently traded near the "realized price" level for large holders (whales holding over 10,000 ETH), a zone that has previously triggered significant rallies. According to CryptoQuant, ETH has only traded near this level four times in the past five years. The last occurrence in April 2024 preceded a 260% price surge to a new all-time high.
Technically, ETH has formed a V-shaped reversal pattern on the weekly chart after a 45% correction from its October high. The price rebounded strongly from the $2,621 low, gaining 23.5% in a single day. Analysts note that a decisive break above the 50-week simple moving average near $3,300 could pave the way for a 53% rally toward the $4,955 neckline, completing the V-shaped recovery. Additional factors supporting this outlook include growing institutional demand through spot ETF inflows and Ethereum's strengthening fundamentals. Market experts suggest that if historical patterns repeat, ETH could reach $5,000-5,800 in 2026, though they caution that all trading involves risk and proper research is essential.
cointelegraph_中文12/15 08:25