Ethereum Poised for Surge: Traders Anticipate $5,000 Milestone Amid Bullish Trend

Ethereum's Bullish Momentum

Ethereum has experienced a notable rise over the past five days, marking its strongest performance since October 13. This upward trend aligns with a broader recovery in the altcoin market, spurred by a favorable US inflation report. Market participants, particularly on Polymarket, are forecasting that Ethereum could reach the $5,000 mark before the year's end.