Ethereum could surpass $5,000 in the next few days

• Cryptocurrency analyst Inmortal predicted that Ethereum (ETH) prices will rise sharply from $4,000 to $5,000 in the next few days, possibly even reaching a new record high, based on chart analysis that shows the possibility of breaking the $4,800 threshold.

• He pointed out that ETH took 27 days to increase from $3,000 to $4,000, but predicted that the process of rising from $4,000 to $5,000 would be much faster, saying that the ETH/BTC pair may have hit the bottom of the cycle after a long period of price declines.

• In addition, Inmortal also said that Bitcoin will continue to grow despite falling after reaching the $100,000 mark, and compared that those who are currently skeptical about ETH are similar to those who are skeptical about Solana in 2022.