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#Altcoins Rally#
Ethereum is once again the brightest star on the scene! The supply-demand balance has been completely disrupted, and institutional buying is driving the market, multiplying new supply. This massive wave has the power to propel ETH to new records very soon.
As of August 9th, ETH broke through the $4,200 threshold like a wall. With this momentum, the 4,350–4,420 range is on the table as the first intermediate target. While this region serves as a rest stop for short-term investors, the strength of institutional buying makes it inevitable for ETH to test the 4,500–4,680 range.
In the medium term, the critical psychological level is $5,000. This isn't just a technical target; it's a strategic threshold supported by institutional fund inflows, record-breaking ETF volume, and the appeal of staking revenues. Once 5,000 is broken, the chart can gradually test the 5,350 → 5,800 → 6,200 range.
But the story doesn't end there. In ETH's long-term vision, the 7,000–7,500 range could become an "interim peak" with the tokenization wave and the growth of the DeFi ecosystem. More bold predictions suggest a test of levels above 10,000 towards 2026.
The driving force behind this movement isn't just market speculation; institutional investors are beginning to view ETH as a strategic asset that generates active returns. Demand far outpaces supply, and this imbalance will continue to pressure the price upwards.
A quiet but revolutionary financial transformation is taking place on the Ethereum chain. Historic highs, in my view, are not the end; they are the beginning of new value narratives. And this time, ETH will dominate the scene alone.