According to the Global Head of Technical Strategy at Fundstrat, a prominent financial research firm, Ethereum (ETH) is projected to reach a price of $5,500 by mid-October, indicating significant bullish sentiment and optimism about the cryptocurrency's performance in the near future. This forecast reflects confidence in market trends and technical indicators that suggest a potential upward trajectory for ETH in the coming weeks.
source: https://www.coindesk.com/markets/2025/09/16/eth-going-to-usd5-500-by-mid-october-says-fundstrat-s-global-head-of-technical-strategy