ETH BREAKOUT: $6K Now, $20K Possible?
Ethereum’s 🔥 burst above $4K is turning heads. Analysts are eyeballing $6,000 in the near term, and even a bold $20,000 within the next year is on the radar!
Why? A powerful Wyckoff Accumulation breakout and a surpass of the $4,200 resistance (aka the "Sign of Strength") are lighting the path. If the markup phase holds, $6K is a probable next stop, with a $20K peak not off the table within 6–8 months.
Quick Highlights:
24% Rally This Week: ETH shot above $4,330—its highest since December 2021.
Wyckoff Pattern in Play: Analysts like Lord Hawkins point to the breakout from accumulation as a bullish signal.
$20K Bull Case After Price Fractal: If ETH follows past fractal behavior, it could head to $10K–$20K in the next 6–8 months.
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Why It Matters for Traders:
1. Momentum Building Fast — A Wyckoff breakout signals more than just a rally—it suggests a structural uptrend.
2. Psychological Gates Are Opening — Clearing $4,200 was huge. Next targets? $6,000, then $8,000, and maybe even $20,000 if the momentum holds.
3. Volatility = Opportunities — Breakouts this bold may attract fresh capital and trigger a frantic rally—or test support levels hard.
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