#ETH4500Next? Here’s the live price of Ethereum (ETH):
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Is ETH heading toward $4,500 next?
Here’s what current analysis and market activity suggest:
Bullish Momentum Building
ETH recently broke above the $4,100 resistance, and analysts are now eyeing a run toward $4,500 if momentum holds .
According to Brave New Coin, a technical short squeeze pushed ETH past $4,200 resistance, opening up potential moves toward the $4,500–$5,000 zone .
Another forecast shows that overcoming historical selling pressure at $4,100 could validate a bullish pennant pattern, likely propelling ETH to $4,500, and potentially to its all-time high (~$4,868) .
On-Chain Backing & Institutional Interest
Substantial whale accumulation—recently around $667 million—is fueling upward pressure .
Analysts are seeing chart patterns reminiscent of Bitcoin’s mid-2020 breakout, hinting at the potential for another fast-moving rally .
Broader Price Targets
Some more speculative projections suggest a $5,000 target if current bullish trends accelerate .
On the extreme bullish side, a trader on Cointelegraph forecasted a possible $20,000 target, though this is highly speculative and significantly beyond conventional targets .
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Summary Table
Scenario Target Price Conditions
Conservative Bullish ~$4,500 If ETH stays above $4,100 with continued momentum
Moderate Upside ~$5,000 Requires break above long-term trend lines
Speculative Extremes Up to ~$20,000 Based on rare historical pattern; very high risk
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Final Take
Yes, the consensus among analysts and technical indicators suggests that $4,500 is the next realistic milestone for Ethereum, assuming current bullish momentum and whale activity continue.