ETH Near ATH but Breakout Hinges on Institutional Flows

I’m cautiously optimistic on Ether: it’s trading within a few hundred dollars of the $4,891 all-time high after a rapid 215% surge since April, but recent pullbacks show a fresh breakout isn’t guaranteed and could take weeks or months.

Institutional demand is the key driver — record spot-ETF inflows, growing corporate treasuries and narratives that make ETH accessible to traditional investors all support further upside. At the same time, short-term trader views are split and retail skepticism remains high, which can be a contrarian bullish signal.

For now I’m watching ETF flows and corporate accumulation closely; sustained strong inflows and continued institutional adoption are the catalysts that would push ETH decisively past the ATH.