Ethereum has remained a mystery in terms of price movements on a macro scale, as it trades at essentially the same level as it did in March 2021.

Nevertheless, two of the most popular crypto analysts on X outlined a major breakout path forward that could take it toward its all-time high level. However, there’s still one major hurdle in its way.

Path to $4.6K

Ali Martinez outlined in a recent post that ETH stood at around $1,700 back in March 2021, as it does now. That means that a “$10,000 investment made five years ago would still be worth approximately $10,000 today.” The altcoin managed to chart a couple of all-time highs in the following years, but has returned to the same level, as it’s down by a whopping 65% since its last record seen in 2025.

“Despite five years of severe volatility, explosive bull runs, and deep bear-market liquidations, ETH has posted zero net gains from that baseline,” added Martinez.

Furthermore, he doubled down on previous predictions that ETH might not have bottomed during this cycle. Although he previously outlined $700 as a potential bottom for the asset, he now said that the $1,060 level stands out as a value zone to watch for such a level. If Ethereum manages to successfully defend that macro support, though, it opens the door for a short-to-mid-term rally to $2,850 or even $4,630, he added.

Time to Buy

Fellow analyst Michaël van de Poppe was even more bullish on the asset. Although he didn’t provide precise price targets, he noted that this might be “one of the best times to be buying ETH.” Moreover, he believes investors would wish they had bought more ETH in 5-10 years.

His comments were in response to another analyst, James Easton, who said that people tend to give up “right before the fun part,” and tagged Ethereum’s token.

Source: CryptoPotato