Ethereum Weekly Close Breaks $2,327 for First Time Since 2025, History Suggests Rally to $5,000

Ethereum's weekly close settled at $2,327, breaking above a key moving average for the first time since October 2025. Analyst Sky notes a similar breakout previously propelled ETH from $2,400 to $5,000. Near-term support is $2,300-$2,350, resistance at $3,154, and long-term bullish bias depends on channel lower trendline.