Ethereum Price Prediction: Know These Triggers To $5K & Beyond

As the crypto market once again begins to revive, a bold Ethereum price prediction comes to light along with an analysis of what factors can trigger ETH beyond $5K making news.

Ethereum is gearing up for a new all-time high, according to MN Fund founder and crypto analyst Michaël van de Poppe. He pointed to two key factors supporting this outlook.

According to van de Poppe, the ETH/BTC pair appears to have reached its bottom after a healthy correction and now looks ready to start a fresh upward move.

He also noted that golds recent surge, climbing past $4,000 per ounce, has entered what he described as an “insanely parabolic” phase.

At the same time, several market analysts have identified a clear bullish flag on Ethereum (ETH) price chart, with projections pointing toward a potential rally toward the $7,000 level.

Together, these factors have strengthened the case for a major breakout in the months ahead.

Ethereum Price Prediction to New ATH has Something to Do with Bitcoin & Gold

Expert trader Michael van de Poppe eyes a new all-time high for Ethereum based on two major reasons.

According to an analysis he shared on X, the ETH/BTC pair appears to have bottomed out, setting the stage for a potential new leg upward.

At the same time, golds parabolic rise could soon trigger a major “risk-on” shift across the global market.

Such a move has historically redirected capital flows to crypto assets like Ethereum.

In his chart, van de Poppe highlights how ETH/BTC has completed a deep corrective phase after a prolonged downtrend that stretched through 2022 and 2023.

The pair recently rebounded sharply, posting a strong 44% rally before pulling back toward what he describes as the “ideal zone for buys.”

This retracement, he notes, is typical after a first strong recovery from a market bottom.

The structure suggests that Ethereums relative weakness against Bitcoin may be approaching an end. The current consolidation phase sits just above a critical support region between 0.026 and 0.028 BTC.

Historically, such zones have marked accumulation phases before a new upward cycle begins.

If this area holds, van de Poppe anticipates a gradual continuation toward higher highs as momentum returns to the altcoin market.

Moreover, he points to the broader macro environment as a catalyst. Golds steep and extended rally indicates that traditional safe havens may be overheated.

A potential correction in gold prices could spark renewed appetite for risk assets, particularly cryptocurrencies.

Source: Michael van de Poppe

This fundamental setup, combined with Ethereum‘s technical recovery, forms the foundation of van de Poppe’s bullish outlook.

Bull Flag Targets Ethereum Price Rally to $6,800

Ethereums recent price action is confirming a classic bullish pattern that technical traders have been watching for weeks.

The breakout from the bull flag formation marks a strong continuation signal following months of consolidation.

After a steady climb through the summer, ETH spent several weeks trading within a downward-sloping channel or a textbook flag structure often seen in the middle of trending moves.

Now, with the breakout firmly underway, momentum appears to be shifting decisively back in favor of the bulls.

A chart analysis shared by crypto trader and analyst Mister Crypto shows clean structure and consistent higher lows, reflecting renewed strength in Ethereums uptrend.

Source: Mister Crypto

The measured move from this pattern projects a potential target near $7,000, aligning with the upper resistance levels highlighted in recent analyses.

This move, if sustained, could position Ethereum for a major leg higher into year-end, supported by improving sentiment and broader crypto market resilience.

Moreover, another crypto analyst, Steve Urkel offered a more tactical perspective, emphasizing Ethereums immediate price structure following the breakout.

After pushing above its previous all-time high trendline, ETH is now testing that very line as new support, a critical phase known as a breakout back-test.

Such retests often serve as a launchpad for continuation, provided buyers defend the level with conviction.

The visible volume profile supports this view, showing increased activity around the $4,000–$4,200 zone, suggesting accumulation rather than distribution.

As long as Ethereum holds above this breakout level, the next target remains the Fibonacci extension zone near $5,500–$5,800.

This area represents both a technical and psychological milestone for traders eyeing the next wave of upside momentum.