After ten days in the red, Ethereum is trading above $4,500 after a strong price breakout late last week. The recent gains are fueled by massive capital inflows into the ETH ETF, as well as significant inflows of nearly $1 billion in a matter of days.
The Greed index is surging, resulting in substantial gains for many cryptocurrencies on the market. The latest Ethereum price prediction is pointing to a potential ETH breakout above $4,700, which could build enough momentum toward a new ATH of above $5,000 in the upcoming weeks. However, if you’re looking for the best crypto to buy, Ethereum may not be the ideal choice at the current market position.
Depending on your portfolio style, that title is split between some stable coins and emerging cryptos, 4 of which include: Bitcoin Hyper, Maxi Doge, Pepenode, and Snorter Bot. Let’s dig deeper and analyze the situation in more detail.