Ethereum has reached an intraday high of around $3,950, indicating a potential rally.
There is a possibility that Ethereum can surpass its intra-year high of $4,088 and even its all-time high (ATH) of $4,892.
The correlation between Bitcoin's price and Ethereum's price makes it likely for Ethereum to perform well, especially with increased institutional involvement.
Crypto experts and analysts forecast that Ethereum's price could exceed its previous ATH and potentially reach $10,000, driven by factors such as Bitcoin's influence, institutional adoption, and upcoming developments.