Will the Ethereum whale push ETH to a new peak? The price of Ethereum has faced multiple attempts to break out of the accumulation zone it has been stuck in since early August, fluctuating around 2,700 USD. However, a recent price surge sparked by Bitcoin could continue if long-term Ethereum holders (LTHs) maintain their positions instead of selling. The patience of LTHs will be a crucial factor in supporting Ethereum's potential upward momentum.