Currently, Ethereum has broken through the flag structure, and the current strength can basically be confirmed as a true breakout. It is expected to reach 4000-4100, and I have set my target at 4040. This wave has rolled over from 2500 to now, and it has almost reached 50 times.

The expected peak is 4150, which means that after reaching the 4000-4150 range, a pullback will occur, with the lowest expected pullback being 3650 (not necessarily reaching that). After that, it will continue to break through, initiating a crazy bull tail.

After four years of extreme consolidation, it can be seen that the vast majority of chips are below 2500, with most remaining around 3000 and below 4000. This means that when 4000 is broken through again, almost all chips will be in a floating profit state, and at that time, a combined effort will push the price further, combined with the K-line structure, predicting that Ethereum will welcome the craziest market, marking the end of the bull tail.

It is expected that Ethereum will reach 8000 this year.