The current cryptocurrency market sentiment is high, especially the performance of Ethereum (ETH) is noteworthy. The price of ETH has surged significantly driven by strong buying sentiment, and it is likely to break the $5000 mark in the short term. If this key price level is broken, the market may experience a significant pullback.

The massive influx of institutional investors has undoubtedly injected strong momentum into the market, but it has also sown uncertainty for future price trends. Once ETH reaches a new all-time high, long-term holders may start to sell off in large quantities, and this change in supply and demand could trigger significant volatility at price levels above $5000.

Meanwhile, Bitcoin (BTC) has been hovering around $12,000 for a long time and has recently started approaching its historical peak. Theoretically, this could trigger a new round of upward momentum. However, once it breaks through the historical high, the market will closely watch whether this trend is temporary or sustainable. Personally, I tend to believe that Bitcoin still has room for growth, but the magnitude may not be too large, and it is more likely to show a slow bull trend.

It is worth noting that tokens favored by Wall Street, such as Ethereum and Solana (SOL), may lead this final upward trend. However, investors should remain vigilant, closely monitor market movements, and manage risks effectively. The high volatility of the cryptocurrency market means that situations can change rapidly, making rational investment crucial.