ETH holders may face a longer wait for all-time highs, despite some optimism for imminent peaks. Analyst Jake Kennis from Nansen expressed that although Ether is only a few hundred dollars away from its previous record price of $4,779, consolidation is likely in the coming weeks due to the substantial price increase experienced recently. Trading sentiment shows traders are hopeful for a quick bounce back, but market expectations are mixed. Some traders foresee a new all-time high within days, while Kennis suggests the proper conditions could see new highs emerge within weeks or months. Importantly, the ongoing interest from institutions and ETF inflows supports Kennis's outlook, as these trends have recently surpassed Bitcoin flows. Meanwhile, overall market sentiment shows some skepticism among retail traders regarding the sustainability of Ether's recent rally, reflecting a complex interplay between expectation and market realities.

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