Can ETH reach 20k?

Could you please enlighten me on the potential for Ethereum (ETH) to hit the 20,000 mark? Given the volatile nature of the cryptocurrency market and its numerous influencing factors, I'm keen to understand the underlying drivers that could propel ETH to such heights. Is it a realistic expectation, or am I merely daydreaming? Could you break down the technical indicators, market sentiment, and any other relevant factors that could influence such an outcome? Your insights would be greatly appreciated.