Ether (Eth) He pushed the unknown territory on Sunday, cleaning $ 4,900 in Coinbase at 5:40 PM UTC and exceeding its previous $ 4,867 record established on November 8, 2021.
The five-year ETH-USD pricing table of TrainingView shows a clean rupture of several years: ETH has finally domed the maximum of 2021 after a long consolidation, without leaving historical overload levels to rely on.
This is what merchants call pricing: the market is printing new maximums with only psychology and orders flow to guide it instead of previous resistance.
The 5 -day view fills the action of the tape. After a fast race since mid -$ 4,700, ETH exceeded $ 4,900 and reached an intra -dialy of around $ 4,946.90. At the time of the snapshot of the table – 6:48 PM UTC – the last price was approximately $ 4.941.57. This sequence indicates that buyers absorbed the supply near the old roof and then forced a new classic rupture pattern.
Analyst Milesher summarized leadership change as “BTC is exhausted, ETH no”. In simple English, it is marking the relative impulse: Bitcoin manifestations have stagnated near the recent maximums, while Ether has just entered the price discovery.
When a market says that an asset is “exhausted”, it generally means that upward attempts fades, tracking is weak and sellers continue to gather the highest thrusts; “It is not” it means the opposite: stronger tracking, fresh ups and downs and purchase of active sauce. Merchants often turn to the asset that shows greater relative resistance when the other leader gets tired.
Crypto Rover focused on the supply on exchanges. “Exchange Reserves” refers to currencies maintained in wallets controlled by centralized places of trade.
When those balances are terminated, less coins are immediately available to sell. If the demand increases as the supply of fluid, the price can be accelerated because buyers must offer higher so that the exchange currencies are turned back to the circulation. That is the mechanic behind his phrase of “shock supply”, not a guarantee of direct prices, but a configuration where the shortage can magnify the movements once the impulse begins.
Michaël Van de Poppe offered a risk verification. He highlighted the unusually large weekly candle and warned that weekend shoots are often survived when liquidity is normalized at the beginning of the week.
The idea is simple: weekend orders books can be thinner, so the movements extend more easily; When the most complete participation returns on Monday, prices sometimes try the breakdown area again to confirm it as a support before returning to trends. In practice, that means that a setback towards the rupture zone would not deny, by itself, the largest bullish break you see in the 5 -year table.
