The prevailing upward trend and optimistic market outlook suggest that ETH is poised for an increase in the upcoming week. On-chain indicators and technical analyses lend support to the probability of ETH surpassing the significant threshold of $4,000. In the event that this occurs, Ethereum could set its sights on reaching $4,698, taking into consideration Fibonacci retracement levels. Moreover, the announcement of any spot Ethereum ETF listings has the potential to propel ETH to the 1.618 Fibonacci level, which corresponds to $5,841.
