#ETH ETH Breakthrough! Target - 8000! Form, Volume, Sentiment, all in place
After waiting for a few months, the symmetrical triangle breakout has finally arrived!
This pattern means - the price has compressed to the extreme, just waiting for the direction to explode.
This breakout is accompanied by increased volume, the signal is strong, and the bullish momentum is already on the way.
Why 8000?
Maximum height of the triangle = Expected price increase
Technical target price estimate: about 8000 USD
Prerequisite: Continuously stay above the breakout point & Follow up with increased volume
Bullish support:
Overall strength in crypto
ETH network upgrade improves efficiency
Institutional inflow, solidifying the leading position of smart contracts
Traders should pay attention to three major confirmation signals:
Continuous closing above the breakout line
Volume continues to expand
ETH/BTC trend is synchronized and strengthening
As long as these three signals align, 8000 USD is not just a fantasy.