Ethereum is on the cusp of breaking records, currently trading at $4,792. This marks its highest price since November 2021. Ethereum is dangerously close to reaching its all-time high of approximately $4,860, showing clear bullish momentum.

The recent surge indicates that buyers are taking control. Consistent demand has pushed prices higher over the past weeks, leading to this significant surge. Observers in the market regard this as a pivotal moment for Ethereum.

Currently, Ethereum exhibits robust trading activity that suggests further gains may be achievable soon. Investors should keep a close eye on Ethereum’s performance as it endeavors to resist market pressure.