ETH price to $5K next? Ethereum rallied 120% the last time this happened

Recent analysis indicates that the amount of Ethereum waiting to be staked has surpassed that awaiting withdrawal. This is seen as a positive demand signal, possibly paving the way for a price rally to $5,000 by 2026. Historically, there have been instances where Ethereum recorded a 120% price increase under certain market conditions, influenced by various fundamental and technical factors. Currently, the market shows an overall bullish trend, and the possibility of Ethereum replicating past rallies cannot be dismissed. Furthermore, speculation towards 2026 is likely to drive market sentiment and attract investor interest. While no specific support or resistance levels were highlighted, improving market sentiment may encourage investors to take on more risk. The evolving balance of supply and demand will be critical to watch in the coming period.