Ethereum Targets $4,811 to Unlock $8,500 Potential

Ethereum’s price is currently hovering around $4,811.71, with analysts anticipating a significant surge that could push it beyond the $8,500 mark. This move would be fueled by strong buying pressure and positive market sentiment, but a decisive break above this level could potentially unlock much larger gains in the coming months. 78% upside is needed to reach this target, making it a challenging yet achievable goal for Ethereum bulls.