ETH breaks $ 3,900, while Bitcoin increases over $ 103,000

• ETH shows the first sign of an upward rally with the increase to over $ 3,900.
• The increase in Bitcoin over $ 100,000 could lead to a big breakthrough for old coins, and analysts assume that Etherum leads the increase.

Ethereum (ETH) rose to over $ 3,900 when Bitcoin finally broke through the psychological brand of $ 100,000 and reached its highest price of all time on December 5th.

Bitcoin increases to over $ 103,000

The ETH Prize rose by more than 5 %at the time of writing this article, after increasing on the most important stock exchanges to Intraday maximum stalls of $ 3,923. The upward trend of Ethereum comes at a time when Bitcoin is breaking important levels and further profits are forecast.

Ki Young Ju, CEO of Cryptoquant, says that BTC is far from finished with the current climb.

"Fresh capital fuels Bitcoin. With increasing realized upper limit, the maximum price rose from $ 129,000 to $ 146,000 within $ 129,000. It is far from a bladder-it would need an increase of 43 %to reach the threshold, which is often considered a bladder," he said Posted on X .

Since the outbreak of BTC will probably drive the digital flagship asset to new highs, analysts are also optimistic about ETH. An eventual altcoin outbreak could bring ETH and other coins to groundbreaking levels.

ETH price forecast

Analysts have shared various forecasts for top alcohol after market capitalization in the past few days. Apart from the $ 4,000 brand and the all-time high, which was reached during the last bull market, analysts have $ 5,000 to $ 10,000 if there is actually an old coin season.

The crypto analyst Miles Germans says that ETH utility coins will lead. He also sees a great message for old coins in the Bitcoin rally.

"The higher #Bitcoin, the greater the old coin run", so the analyst

Entrepreneur and cryptoanalyst Michael van de Poppe said :

"Bitcoin broke through the 98,000 dollar brand and the $ 100,000 mark was raised in no time. Old coins suffer easily, but imagine the upward trend that old coins will have if Bitcoin continues to consolidate."

Raoul Pal, founder and CEO of Real Vision, says that the ETH may "press its nose on the ceiling". However, if it breaks through higher, the rally could become "spectacular".

$ eth with the nose, it will be broken ... Spectacular. Perhaps it is withdrawn first to collect steam, or maybe sails directly ... pic.twitter.com/0tsjmba1ma

- Raoul Pal (@Raoulgmi) 4. December 2024

ETH currently changes the owner at around $ 3,920, which corresponds to an increase of 5.3 % in the last 24 hours and an increase of almost 60 % in the last month.