Ethereum is showing bullish signs again - could the next target be $7,000?
After weeks of consolidation, Ethereum ($ETH ) is seeing a resurgence in momentum. Many analysts believe that ETH is now preparing for a major breakout that could take the price to the $6,800–$7,000 zone. Both chart patterns and volume indicate that the token's next expansion phase is near.
Ethereum has strengthened support at $4,100.
According to prominent analyst George, Ethereum has successfully defended the $3,500–$3,600 zone after testing it several times. It has now transformed from a strong demand zone into a support zone, indicating new buying signals.
In the recent price action, ETH showed a bounce to the level of $4,120 - which has previously indicated the start of several rallies.
📊 “If ETH closes above $4,200, there will be a significant change in market structure,” George stated.
According to their chart, the next target could be between $6,800 and $7,000 - which means a potential gain of about 65–70% from the current levels. However, if ETH slips below $3,500, it would invalidate the bullish setup.
Chart patterns are repeating history.
Another analyst from Galaxy says that the current chart of ETH looks similar to the pattern of June-July 2025 - where consistently lower lows were made and then suddenly a bullish breakout occurred.
This time also, the consolidation around $4,000 is showing the same structure. Last time, ETH went from $2,500 to $3,800 following a similar pattern. Analysts now estimate that the next target could be in the $5,500–$6,000 zone.
ETH is continuously making higher lows, indicating that institutional investors are still interested in it. Along with this, the decrease in daily volatility suggests that the market is now preparing for a major move.
What’s next? Will ETH become the leader of the next rally?
Both analysts agree that the foundation of Ethereum remains strong. As the market stabilizes and liquidity returns, ETH could become the leading asset in the next bullish cycle.
If it closes strongly above $4,200, a rally to $7,000 could become a reality by the beginning of 2026.
Disclaimer: This information is for educational purposes only. Do your research before making any investment decisions.
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