Ethereum Price Outlook: Will ETH Hit $4,900? MAGAX Presale Fuels Hype.

Ethereum’s price is back in the spotlight as institutional investors and renewed retail interest fuel a resurgence. Analysts are divided on its future direction, with some predicting realistic milestones near $4,900, while others remain cautious. The buzz surrounding the new MAGAX presale adds to the uncertainty. This article examines both storylines, analyzing their validity and contrasting them against technical analysis and market sentiment.