Ethereum is nearing the $5,000 mark, driven by increasing liquidity and a decrease in exchange supply. Analysts predict that if the global liquidity trend continues, Ethereum could potentially reach $10,000. The U.S. M2 money supply has expanded to $22.2 trillion, aligning with Bitcoin's 130% rise since 2022. Ethereum's exchange reserves have fallen to 16.1 million ETH, indicating a reduced short-term supply. Investors are increasingly moving towards staking and self-custody, reflecting long-term confidence in the cryptocurrency. Currently, Ethereum is trading at $4,587.43, marking a daily increase of 1.05%.