Ethereum, often called digital silver, has just smashed through the $4,000 level and is now cruising toward – and potentially beyond – its all-time high of $4,867.95 set in November 2021.
$ETH’s surge has captured the market’s full attention, as such moves have historically preceded or coincided with full-blown altcoin seasons. Notably, Glassnode co-founders Jan Happel and Yann Allemann said on X that Ethereum is likely in for a “wild ride” once it flips $4,000 into support.
They also noted that Fridays and Saturdays have typically been accumulation days over the past month, hinting that the real rally could kick off on Sunday or Monday.
With the token already up more than 19% in the past week , the potential for even greater – and possibly parabolic – upside puts the spotlight on