#cryptofuture

🚨ETHEREUM at $8,000?

Ethereum mirrors stocks as the ETH price chart suggests a 'final wave' to US$ 8 million.

The current structure of Ether reflects the rise of the Dow Jones in 1980, with technical patterns reinforcing the outlook for ETH price recovery.

Key points:

Ethereum could rise to around US$ 8.000 as it enters the final phase of a long-term bullish pattern.

The pattern remarkably resembles the bullish structure of the Dow Jones in 1980.

Other indicators also suggest gains in Ethereum markets in the coming months.

, is about to experience a “final surge” towards US$ 8.000, according to analyst Gert van Lagen, who highlighted an impressive similarity between the current structure of ETH and a historical trend of the Dow Jones (DJIA).

ETH pattern echoes gains of 245% between 2022 and 2024.

At the center is a classic pattern known as “expanding diagonal.”

This is an expanding megaphone pattern, whose lower trend line has served as strong support for Ethereum's major highs since mid-2022 — including a rally of 245% between November 2022 and February 2024.

On Monday, ETH was trading halfway between the upper and lower extremes of the pattern, after having resumed the high from the lower trend line in March. It now aims for the upper trend line, situated near the level of US$ 8.000, by early 2026.

a similar setup on the hourly chart of the Dow Jones in 1980, which followed an expanding diagonal before peaking.

this pattern with Elliott Wave theory, which divides bullish markets into five psychological phases.

Ethereum would now be in the fifth and “final impulse wave,” also known as blow-off top. This is usually the most volatile phase, when momentum accelerates, price action becomes unpredictable, and late buyers enter the market.

Ascending triangle points to an 80% increase in ETH, heading towards $8,000 in the long term..