Ethereum has seen notable gains in recent market movements, outpacing Bitcoin in the second quarter of the year.
Technical analysis suggests Ethereum is approaching a breakout from a key chart pattern, signaling a potential rally to historic levels.
Experts anticipate a significant rally for Ethereum, with predictions ranging from reaching a new all-time high to potential peaks of $12,000 and even $18,000.
At the current price of $2,606, Ethereum's market sentiment is gradually improving, with investors eyeing possible price surges in the near future.