ETH holds consolidation near breakout, signaling bullish momentum
A leap to ~$4,811 could trigger further upside toward ~$8,557
Market accumulation supports a sustained rally if resistance is breached
Ethereum has been consolidating since breaking out of its prior range—a classic technical setup. This “accumulation” phase, where trading volumes stabilize and price forms a base, often precedes significant upward moves.
Currently, analysts point to an imminent >81% move if Ethereum surpasses resistance at $4,811.71, aligning with strong buying activity and consolidation patterns.
First Target: $4,811.71
If Ethereum clears this level, technical indicators suggest room for a rally to $4,811.71—a gain of approximately 81% from current levels. Volume spikes and market sentiment toward accumulation further support this scenario.
Extended Rally to $8,557.68
Crucially, if ETH sustains above $4,811, there’s potential for an extended push toward $8,557.68—an additional 77% upside. That puts total gains at over 150% from today’s prices.
$ETH (Ethereum) and a >81% move to the $4,811.71 target is technically imminent and with huge accumulation/consolidation like action since breaking out, prices could break right above!
A break above would bring in room for an additional +77% climb to $8,557.68! https://t.co/adqYLzLZji pic.twitter.com/nQZ2oke8XK
— JAVONMARKS (@JavonTM1) June 16, 2025
Summary
Ethereum is showing textbook consolidation after a breakout. A move past $4,811.71 could trigger a strong wave, with a possible top target around $8,557.68. While waiting on a sustained breakout, keep an eye on volume and resistance behavior.
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