Ethereum (ETH) Rises With Global Liquidity Expansion: Is $5,000 the Next Major Target?

Ethereum (ETH) continues to strengthen its bullish trajectory, rising above $4,700 as expanding global liquidity and institutional demand fuel optimism for a breakout toward $5,000. The world’s second-largest crypto asset is increasingly correlated with global M2 money supply growth, suggesting that macroeconomic liquidity injections are directly influencing crypto market ￰0￱ Mirrors Global Liquidity Growth Recent analyses highlight Ethereum’s close relationship with global liquidity expansion, often measured by M2 money ￰1￱ major central banks ease financial conditions and inject liquidity into markets, risk assets, including cryptocurrencies, have seen ￰2￱ , in particular, appears to benefit from this macro trend, reflecting a rise in investor confidence and institutional ￰3￱ trading around $4,688, ETH has gained nearly 3% in the last 24 hours, showing resilience amid broader market ￰4￱ point out that Ethereum’s ongoing accumulation phase between $4,300 and $4,700 suggests a re-accumulation setup ahead of a possible breakout.

A decisive move above the $4,750–$4,800 resistance range could trigger a rally toward the $5,000–$5,500 ￰5￱ Confidence and Expanding Utility Ethereum’s fundamentals have strengthened alongside regulatory and institutional ￰6￱ recently secured approval for the first U. S.-listed spot staking ETPs, giving institutional investors access to Ethereum’s staking rewards through regulated products. Meanwhile, investment firm BitMine added $820 million worth of ETH to its treasury, a move analysts view as a major vote of confidence in Ethereum’s long-term potential. Nasdaq-listed SharpLink Gaming also announced $900 million in unrealized gains from its Ethereum-based financial strategy, confirming the token’s growing role as a productive asset rather than mere ￰7￱ wave of corporate and institutional participation reinforces Ethereum’s credibility as a yield-generating digital commodity, particularly as decentralized finance (DeFi) and Layer-2 ecosystems continue to ￰8￱ Outlook: Eyes on $5,000 and Beyond Ethereum’s technical indicators support a bullish continuation, with the asset forming higher lows and holding above the 50-day moving average at $4,550.

Analysts note that a clean breakout above $4,800 could open the path toward $5,000, with extended Fibonacci projections hinting at a possible move toward $7,300–$8,000 if global liquidity continues rising. However, traders remain cautious of mild overbought signals, as the RSI shows slight divergence. Short-term pullbacks toward $4,300–$4,050 would likely serve as re-accumulation zones before the next leg higher. Overall, Ethereum’s alignment with liquidity expansion, combined with record institutional interest, positions it as one of Q4’s strongest contenders to break the $5,000 ￰9￱ image from ChatGPT, ETHUSD chart on Tradingview