• Altcoin ETH makes highest weekly close since November 2021.
• This opens a 57% chance for a new ETH ATH by October.
• The price of ETH prepares to hit new ATH targets.

The crypto market is pleased to see both Bitcoin and Ethereum prices rising steadily towards new ATH targets. In particular, the pioneer altcoin ETH makes highest weekly close since November 2021, opening 57% chance for a new ETH ATH by October. This chance of a new ATH by October will only grow higher as the market grows more bullish; already, analysts expect to see $5,000 ETH ATH soon. 

ETH Makes Highest Weekly Close Since November 

The pioneer altcoin, Ethereum (ETH), took a long time to break past the $4,000 price range and reclaim the $4,200 price target. This long journey began when the price of BTC bottomed in Q1 of 2025 at $1,700. From here, the price of ETH pumped rapidly to $2,700, where it traded for a full quarter before moving up to claim the $3,700 target. After many ups and downs, ETH price finally reached the $3,800 target.

This was followed by two short market dips, where ETH started to outperform BTC and surpassed the $3,9000 first and then finally broke past both $4,000 and $4,100 like these resistance levels were nothing. Now, ETH has beaten both the $4,200 and $4,300 price targets, inching closer to its previous ATH set 4 years ago at $4,800. Presently, analysts believe $4,500 and $4,900 are the next pump targets for ETH. 

As we can see from the post above, the price of the pioneer altcoin, Ethereum (ETH), set its highest weekly close since November 2021. This, according to many reputed crypto analysts, is a sure sign that the price of ETH will go on to set new ATH prices in the coming days ahead. At the moment, expectations for new ATH prices for ETH include lower targets of $4,900 and $5,000.

According to the analysts in the post above, the crypto market is slowly feeling the euphoria at the current stage. He then goes on to say that he expects a monumental breakout that would propel ETH to its next significant new ATH price of $5,000. Greater expectations for ETH this bull cycle have set up the asset to hit cycle top prices between $8,000 in the low range and $16,000 in the high range. 

57% Chance for New ETH ATH by October

Expectations for new ETH ATH prices for the rest of the months this year showcase high prices for ETH this bull cycle. At the moment, Polymarket users are predicting a 57% chance that the price of ETH will hit an all-time high before October, as we can see in the post above. Similarly, Tom Lee expects to see $16,000 ETH ATH price by the end of December as institutions accumulate more ETH by the day.

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