Ethereum Price Prediction: Could ETH Reach $5K?

In the last few updates, we saw Ethereum accumulating and manipulating down toward a well-established M30 demand zone: the same one we highlighted on August 30. To complete the prediction, all we needed was a strong reaction from this M30 demand, and that’s exactly what happened.

There was liquidity above to be grabbed, and now the market is showing its hand. So, could ETH reach $5K?

Currently, Ethereum sits at $4,600 and has just broken through an H4 supply zone. Why does this matter? A supply zone is only truly valid if there’s no liquidity left above it to grab.

Shorting here would have been risky, but if you’ve been following my articles—and you should if you want to trade profitably—you likely avoided that trap that many retail traders fell into.

If you’re thinking about shorting, patience is key.

Switching to a higher timeframe, there’s a daily supply that could push the price back down, as Ethereum has left liquidity around $4,270.

But if the current bullish momentum continues, breaking the $5K mark isn’t out of the question.

What’s interesting here—and what I always try to point out—is how the price reacts to these liquidity zones.

A subtle move, a shakeout, or a fakeout can completely shift the market’s narrative. Watching these supply and demand interactions on multiple timeframes is essential if you want to anticipate the next big move.

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Remember, nothing in crypto is guaranteed. The scenarios I’ve outlined are plausible, but ETH can behave unpredictably. The key is to understand market structure, liquidity, and where traders might be trapped.

Whether you’re aiming for that $5K target or simply managing risk, keeping an eye on the M30 demand, H4 supply, and daily levels will be crucial.

The price could very well take a detour, shake out weak hands, and still continue upward—or, alternatively, retrace toward the liquidity zones we’ve identified.