Ethereum Near $5K as Whales Dey Accumulate; E Dey Eye $10K Breakout
Ethereum dey trade near di $5,000 resistance as on-chain data show say big whales dey accumulate plenty and retail people dem don begin dey join back. Analysts talk say demand zones wey dey between $1,000 and $2,000 support ETH during bear markets and e get one bullish higher-timeframe structure. If e clear and retest $5K as support plus volume dey rise and RSI/MACD signals dey positive, e fit make quick move go $10,000. Institutional investment dey also dey rise, e dey add liquidity and e dey reduce volatility. Traders suppose dey watch di $4,800–$5,000 breakout zone, support at $4,000, and on-chain metrics like large-wallet transfers to confirm di momentum. If everything go well, Ethereum fit reach $10K for this cycle and fit pass $13,900 by mid-2027, but dis targets depend on ongoing network upgrades and macro liquidity.
Bullish
Ethereum approach to di $5,000 resistance, wey get long-term whale accumulation plus di growth of institutional inflows, dey show say e get bullish setup. Normally, when dem break through big round numbers sharply, e dey lead to faster rallies, plus indicators like rising volume, RSI, and MACD dey support di positive trend. For short term, if dem confirm say e retest $5K, e fit spark quick gains go reach $10K. Long-term accumulation since 2018 and better enterprise adoption dey increase di chance say di upward momentum go continue. This one dey resemble past cycles wey strong support at key levels come first before dem get thousands-dollar gains.