Ethereum price is still in an uptrend and has reclaimed a key milestone as it continues its push higher.

At the time of writing, Ethereum price trades at $4,716, up roughly 4% on the day, per market data from crypto.news. The second-largest crypto asset began its climb at the start of “Uptober,” joining the broader market rally that has seen Bitcoin reclaim new highs and several altcoins post fresh gains.

Now up approximately 11% over the past seven days, momentum for ETH eth2.61%Ethereum has been particularly strong. Market capitalization stands near $570 billion, with daily trading volume around $40 billion.

The price climb has been supported by strong inflows into the U.S.-listed Ethereum exchange-traded funds (ETFs), which have seen a multi-day streak of gains. During the latest trading session, ETH ETFs recorded about $177 million in inflows, bringing their cumulative total over the past six days to roughly $1.47 billion.

With ETH now reclaiming higher ground, attention turns to whether the asset can retest the year’s highs and push toward new targets.

Get to know Trustleak

Trustleak crypto signal is a  service which provide profitable crypto and forex signals. Trustleak tried to provide you signals of best crypto channels in the world.

It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.

Trustleak crypto leak service have multiple advantages in comparision with other services:

•  Providing signal of +100 best crypto vip channels in the world
• Using high tech bot to forward signals
• Without even a second of delay
• Joining in +160 separated channels on telegram
• 1 month, 3 months , 6 months and yearly plans
• Also we have trial to test our services before you pay for anything

For joining Trustleak and get more information about us only need to follow trustleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features

Join for Free

☟☟☟☟☟

https://t.me/Trustleakbot

Also you can check the list of available vip signal channels in the bot. by pressing Channels button.

Ethereum price to $5,000?

During ETH’s earlier rally in July, the asset climbed to nearly $4,900, fueling widespread calls for a push toward the $5,000 level. However, momentum faded as profit-taking set in, leading to its retracement below $4,000 in September. Since then, ETH has been attempting to rebuild strength, with the current “Uptober” rally putting bulls back in charge.

Ethereum’s latest recovery is supported by improving technical signals. On the daily chart, ETH has broken out of its short-term descending channel and appears to be forming a new ascending structure,  similar to its setup during the July rally. The price now trades just above the 30-day simple moving average (SMA) near $4,330, a level that has flipped into short-term support.

Sustaining this position suggests that buyers are regaining control. The relative strength index (RSI) has also rebounded toward the midline at 44–50, indicating that selling pressure is easing while room for further upside remains.

Immediate resistance sits at $4,700, the key level ETH reclaimed this week. A decisive close above this barrier could pave the way toward the next major target at $5,000, which also marks the upper boundary of the newly forming ascending channel. On the downside, $4,100–$4,200 forms the first key support zone. Holding above this range would maintain the bullish structure, while a breakdown below could expose ETH to a retest of the $3,800 area.