Ethereum Price Forecast: Asset Managers Predict Breakout Above $5,000 After Powell’s Dovish Jackson Hole Signal

Following a dovish signal from the Federal Reserve at the Jackson Hole symposium, digital asset markets advanced as risk appetite increased. Asset managers now project upside for Bitcoin, Ethereum and select altcoins, with Monarq Asset Management forecasting Ethereum to exceed $5,000. Monarq’s Chief Investment Officer Sam Gaer told CoinDesk the fund maintains a bullish allocation, pointing to a healthy market structure and contained pullbacks. Reported institutional flow dynamics show stronger demand for ETH from OTC desks and market makers, which could support relative outperformance versus BTC, while Bitcoin exhibits momentum after roughly a 9.6% retracement from its all‑time high and ongoing accumulation by whale wallets around $113,000.

Ethereum Price Forecast: Asset Managers Predict Breakout Above $5,000 After Powell’s Dovish Jackson Hole Signal

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