Ethereum has broken past the crucial psychological and historical resistance level of $5,000. This surge is fueled by strong month-over-month performance, backed by key technical indicators like Golden Fibonacci support, suggesting a substantial upward trajectory in the coming weeks. Analysts are echoing this sentiment, citing institutional interest and robust DeFi activity as drivers behind the price surge. Leading firm XForceGlobal has gone as far as to proclaim Ethereum’s bullish dominance, stating it’s single-handedly sustaining a positive market sentiment across the crypto space. Their analysis suggests a continued upward momentum fueled by untouched Golden Fibonacci support clusters above $7,000-$8,000. This prediction could make for one of the most explosive price movements in the history of crypto.