Ethereum (ETH) is currently hovering around $4,787, nearing its all-time high and signaling strong upward momentum. Analysts are watching closely as ETH charts display a classic bull flag formation—a technical pattern that often heralds further gains. If this pattern breaks out, ETH could be on the path toward a $5,500 rally.

While this surge reflects renewed optimism, it's worth noting that Ethereum remains slightly below its true all-time high of approximately $4,867, which it reached back in November 2021.

ETH
ETHUSDT
2,959.89
-2.46%

BTC
BTCUSDT
89,722
-0.58%

BNB
BNBUSDT
889.53
-0.48%

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