Gold witnessed a dramatic surge after years of stagnant price action, doubling in value within just over a year. Now, Ethereum appears to be mirroring this historical pattern, having spent the past four years trading mostly between $2,000 and $4,000. 2023’s bullish momentum has investors questioning whether a breakout above the crucial $5,000 level could unlock explosive ETH gains. Is Ethereum poised to follow in Gold’s footsteps and deliver similar price surges? 4 years of sideways trading for Ethereum mirrors the pattern seen with gold, before it finally broke out with impressive gains. If history is indeed a guide, then Ethereum breaking through $5,000 resistance could signal an even bigger breakout. Experts believe that this momentum is not just fueled by the current price trends but also driven by Ethereum’s strong fundamentals in DeFi, NFTs, and tokenized assets. This maturity has further enhanced its scalability and energy efficiency with the transition to proof-of-stake. A major price movement from $5,000 could lead to even more substantial gains of $8,000 or $10,000 – potentially exceeding these marks if broader crypto adoption continues and institutional interest grows.