Ethereum breaks 4300, where will it go next?
Analysts predict price trends through three major models:
1️⃣ Wyckoff Accumulation Model: Target price of $6000. After breaking 4200, if it holds support, it will enter the price increase phase.
2️⃣ Symmetrical Triangle Breakout: Target price of $8000. After breaking the upward trend line of the triangle, an increase of over 90% is expected.
3️⃣ Historical Price Fractals: The most optimistic prediction is between $10,000 to $20,000, with historical data showing significant potential for explosive growth.
As market sentiment heats up, analysts believe Ethereum is poised for a larger breakout.
Sentiment is high, but don't forget, after the retail frenzy, there may also be a wave of adjustments. Keeping a close eye on capital flows and technicals is the key.
