The price of Ethereum has performed strongly recently, experiencing a slight pullback after reaching an intraday high of $4738. The overall market maintains a bullish trend, primarily driven by continuous buying from institutional investors. Although a pullback may occur in the short term, bullish sentiment still dominates in the medium to long term.

Analysts predict that Ethereum's mid-term target price may approach the 5000 USD mark. This forecast is based on current market dynamics and the growing institutional demand. It is noteworthy that Ethereum's market capitalization has surpassed that of the well-known streaming company Netflix, highlighting its significant position in the digital asset space.

At the same time, the entire cryptocurrency market is also showing positive signals. Major cryptocurrencies are rising in turn, while the Google search popularity of small cryptocurrencies (commonly known as "altcoins") has reached a five-year high, reflecting a comprehensive increase in investor interest in crypto assets.

However, investors should also closely monitor the upcoming CPI (Consumer Price Index) data, as inflation indicators may have a significant impact on the cryptocurrency market. In such a market environment filled with opportunities and challenges, investors need to remain vigilant and manage risks wisely.