Ethereum Price Prediction: Why ETH Q1 Hype Cycle Could Peak Above $5,000?

Ethereum Price Prediction: Why ETH Q1 Hype Cycle Could Peak Above $5,000?

Ethereum price prediction: ETH is slowly closing in on the crucial $4,000 level after Bitcoin price topped out at $68,537 on Monday, March 4. Select altcoins, especially meme coins like Shiba Inu (SHIB), Dogecoin (DOGE), Pepe, and more graced the market with triple-digit gains, accentuating the bullish theory.
The second-largest cryptocurrency, trading above $4,000 during US business hours, is only 22.83% from its record high of $4,891. Ether boasts a 7.2% increase in 24 hours on top of a 16% surge in a week and an impressive 64% in a month.
According to CoinMarketCap, ETH is experiencing a staggering accrual in trading volume to $33 billion, with the market cap rising to $456 billion. This significantly underscores the strong fundamental factors backing the current rally, including the Dencun upgrade on March 13.
Ethereum Price Prediction: ETH Goes Boom Ahead of Dencun Upgrade
Ethereum seems poised to break above $4,000 anytime from now. The unstoppable run is mainly buoyed by po

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