Ethereum’s Price Mimics Gold’s Surge, Could it Hit 5-Digit Prices?

Recent price trends in the cryptocurrency market have mirrored those of gold. Ethereum (ETH) is experiencing a similar surge as gold has recently set new all-time highs. Analysts believe this mirroring pattern could indicate ETH is poised for a significant rally. This follows substantial accumulation by prominent institutions, such as Bitmine Immersion under Tom Lee’s leadership, who have bought a significant amount of ETH, nearing their goal of controlling 5% of the total ETH supply. Could this push Ethereum towards hitting those coveted five-digit price points?