Ethereum Pullback Raises Debate: Could $5,000 Be the Next Target?

Recent price fluctuations in Ethereum have sparked debate amongst analysts. While the asset has consolidated near $4,400 after a significant surge from $1,385 to $4,950 in just four months, some experts predict a potential breakout above $5,000. 3 factors are contributing to this: the decline of leveraged positions, and the strong resistance levels at $4,800–$4,956. Here’s what experts say about Ethereum’s next move: 3