– Ethereum surged past $4,214, its highest since 2021, with net inflows ($0.0661B) surpassing Bitcoin ($0.0478B) for the first time.
– Institutional buying drove gains, including BlackRock’s $5B+ Ethereum holdings and Galaxy Digital’s $120M+ purchases, while ETF inflows boosted liquidity.
– Technical analysts predict ETH could hit $4,900 if Bitcoin stabilizes, with market cycles suggesting potential for large-cap rallies and altcoin surges.
– Analysts remain divided: some caution against market tops, while others cite strong institutional inflows and low bearish positioning as bullish signals.
– The market approaches an optimism-to-belief phase, with Ethereum’s dominance sparking debates about sustaining momentum amid elevated risk levels.
