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.

ETHUSDT

Perp

2,062.48

+13.16%

BTCUSDT

Perp

70,535.7

+12.40%

BNBUSDT

Perp

657.02

+8.02%

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