Ethereum (ETH) has experienced a remarkable surge, exceeding $4,500 and breaking through crucial resistance levels within hours. This price rally coincides with increasing institutional interest following the launch of Ethereum ETFs. The cryptocurrency market appears poised for further growth as technical indicators signal a potential structural shift. 31% jump in ETH speaks to strong volume support and suggests a possible turning point. Analysts anticipate Ethereum could reach $2,600 and beyond, potentially challenging the psychological resistance at $3,000. Historical precedents show similar rallies translate into long-term upward momentum. 50 EMA, 100 EMA, and even 150 EMA have been broken in a single sweep. While RSI currently sits above 81 (indicating potential overbought territory), this surge could last longer than usual.