Ethereum’s price is surging, nearing its all-time high of $4,500 as investors anticipate the Fusaka upgrade. Analysts predict a potential 9% climb to around $3,170 before meaningful strength develops. This move could potentially push Ethereum prices beyond levels not seen in months. The timing of the Fusaka upgrade and a recent bullish crossover on technical indicators are generating optimism among traders who see it as a catalyst for price growth. While activity is expected to increase with the upgrade’s launch, the focus remains on whether buyers can decisively push prices above $3,170, signaling a sustained upward trend. The Ethereum network has been seeing an increase in trading volume and whale activity, with some traders betting on its near-term price surge.