A recent surge in Ethereum’s price has reached a milestone, surpassing $4,500 for the first time since August 2025. This significant move is attributed to a growing DeFi ecosystem and increased interest from institutional investors. However, this uptick signals a potential bearish trend due to the DAT indicator flashing red, signifying a period of short-term exhaustion. The volume associated with Ethereum has declined significantly, mirroring past historical patterns where similar DAT peaks have led to a sharp price correction. Analysts are closely watching for a potential reversal as seen in previous instances where this specific DAT top was followed by downturns.