<ul><li>Ethereum (ETH) price is approaching a crucial resistance level above $3,953.</li><li>The increase in Ethereum whale addresses and the decline in Ether supply on exchanges indicate growing demand and interest from institutional investors.</li><li>Technical analysis suggests that ETH's price could reach $5,250 in the near term.</li><li>The confirmation of a parabolic rally for Ether will depend on the weekly RSI surging above 70%.</li></ul>

Will Ethereum Price Hit ATH This Week? Key Levels to Watch

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