**Ethereum's price trajectory suggests potential major shifts, with some experts predicting a retest of its all-time high imminently. Observers, including Bankless podcast host Ryan Adams, speculate that a record-breaking performance could occur within the next week. Ether's previous peak stood at $4,878, achieved in November 2021.
Ether's market momentum indicates a possible surge if it secures a 24% increase from its current price of $3,946 over the forthcoming week, according to CoinMarketCap data. Over the past year, Ether has witnessed a robust 66.7% growth.
Crypto commentator Pentoshi, in a recent X post, pointed out that Ether is undergoing "structural changes alongside consistent and substantial ETF flows."
Pentoshi noted Ether's "highest weekly close of the year," aligning with Adams’ views on a potential all-time high retest. He emphasized the minimal resistance ahead, suggesting such levels could act as a magnet for further gains.
Additionally, pseudonymous trader Poseidon sees unforeseen significant gains on the horizon for Ether market participants. Ether recently crossed the $4,000 mark for the first time in nine months, signaling a potential breakout from its prolonged range.
Recent developments include the notion that Ether's lag behind Bitcoin might be waning. Into The Cryptoverse founder Benjamin Cowen suggested the ETH/BTC slump is nearing its end, predicting positive momentum over the next half to full year.