Will Ethereum hit $5000 this year?

[enwi]

but we can't be sure of all of that because everyone can speculate what price the highest ATH will be,
but I agree with you that the value of ETH will take longer to reach 5k$, as we know ETH has not yet received approval from the ETF

Sure, people only can speculate, no one knows the exact price of ETH in the future. How big the ATH of Ethereum, is impossible to know. But in theory, it won't be so difficult to achieve because the ATH in the previous period was around $4,878 (in 2021). If ETH can reach a new ATH in the next altcoins season, it should be above $5,000. I think whether the ETF market will be accepted or not, the ATH of Ethereum will be above $5,000.

We may carry out several kinds of theories that we can implement into ethereum price movements in the market, but when it is in the market anything can happen, which means ethereum price movements may not be in accordance with what you have planned.