Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released its latest Crypto Insights Report focused on Ethereum (ETH). The report outlines key technical levels, catalysts, and institutional trends influencing ETH’s outlook. Currently trading around $4,218, ETH has consolidated after a rally that brought it close to its all-time high of $4,867. With a 63% year-to-date return, Ethereum is outperforming broader markets, prompting the question: what’s next for the second-largest cryptocurrency by market cap? Key Highlights: 🎯,
**Resistance at $4,867:** Breaking this ATH zone would signal a renewed bullish phase.
**Target Zone:** $5,000 – $5,500: A psychological milestone supported by ETF inflows, whale accumulation, and network upgrades.
**Medium-term Projections:** $6,700 to $10,000 depending on ETH/BTC performance and macro conditions.
**Institutional Demand Surge:** Declining exchange reserves signal a potential supply squeeze.