CryptoQuant analysts point out that based on the current supply and demand situation, Ethereum is expected to break through the $5,000 mark. One of the key indicators is the realized price band of Ethereum, which currently has an upper limit of $5,200. As new buyers enter the market at higher prices, this upper limit is likely to continue rising, indicating the potential for the market cycle to move even higher. This analysis suggests an optimistic outlook for the Ethereum market, and investors may expect higher price levels.