Bitcoin has surged past $100,000, trading at $100,908 with a 3.56% increase in the last 24 hours. This surge comes amid a broader bullish sentiment in the cryptocurrency market. Ethereum, however, faces challenges in reaching its $5,000 target by the end of 2024, with current estimates placing the likelihood at 8% according to Derive, an onchain options protocol. Ethereum is currently trading at $3,919.20, having seen a 7.16% increase recently. Despite robust inflows into Ethereum ETFs, averaging $305 million daily, analysts note that ETH would require a 37% increase from its current price to reach the $5,000 mark. The market sentiment remains cautious, reflecting a balance of bullish and bearish indicators.