Ethereum is booming, with a target of $10,000 in the next 6-8 months?

Recently, Ethereum (ETH) has been performing remarkably! This week, it soared about 24%, breaking through $4,330 and reaching a new high since December 2021. Many big names and analysts in the crypto space are optimistic about its future, with a general expectation that Ethereum will first break past $6,000, and even reach a super target of $20,000 within a year! What secrets lie behind this? Let me explain it in a way that even beginners can understand.

Bullish momentum is strong, and technical aspects are flourishing.

Ethereum's recent trends have had several key breakthroughs on technical charts, boosting the confidence of bulls. Especially after it successfully broke through the $4,000 threshold and then the $4,200 resistance zone, which is a 'key point' that everyone in the market is watching. In technical analysis, this breakout is referred to as a 'Sign of Strength' (SOS), indicating that buying power is rapidly increasing.

In short, Ethereum is like a runaway horse, starting to accelerate. One technical pattern that analysts pay particular attention to is the 'Wyckoff Accumulation Model', simply put, it is when the market accumulates energy for a period, price consolidates, absorbing previous selling pressure. When buyers finally gain the upper hand, the price will experience a decisive breakout.

This time, Ethereum has completed the accumulation phase as described in Wyckoff theory and is starting to enter the upward channel.

'Last Point of Support' confirms the upward trend.

According to the Wyckoff model, after a breakout, the market generally experiences a small pullback, known as the 'Last Point of Support' (LPS), which acts like the buyers' final 'touchstone' to confirm whether the new upward trend is solid.

If Ethereum can successfully hold this retracement point, the next phase will be the 'price increase phase'! This phase is characterized by demand clearly exceeding supply, leading to faster price increases, soaring like a rocket.

Bull market target: $6,000 is not a dream, and a higher target is aimed at $20,000!

After calculating the height of the accumulation range, the technical target indicates that Ethereum is likely to reach around $6,000 in the short term. Don't forget, this is based on a reasonable expectation of the current market structure.

Even more excitingly, many professional analysts and institutions are optimistic that Ethereum will welcome a super bull market cycle in the next 6-8 months. The ultimate goal of this cycle can even target $10,000 to $20,000! Sounds crazy? There are many reasons behind it:

Institutional funds are pouring in: More and more large funds are optimistic about Ethereum, constantly buying.

Strong on-chain data: Network activity, trading volume, and smart contract usage are all increasing, indicating that Ethereum's ecosystem is developing healthily.

Continuous technological innovations: The upgrades to Ethereum that bring expansion and efficiency improvements enhance its competitiveness as a smart contract platform.

Where is Ethereum's triangle?

This triangle is roughly in the range of $4,000 to $4,200, meaning that ETH prices fluctuate repeatedly within this range, like a spring ready to take off.

Recently, the ETH price successfully broke through the upper boundary trend line of this triangle, like a spring being released, and the market began to explode. This breakout is a very positive signal, indicating that buying power is strongly occupying the market.

Why does a breakout mean 'soaring to $8,000'?

There is a rule in technical analysis: after a breakout, the price often rises by an amount equal to the 'maximum height' of this triangle.

The height difference of this triangle is approximately in the range of $4,000 to $4,200, but due to the specific width of the shape and the strength of the breakout, analysts have calculated a target price around $8,000.

In other words, if the market follows the rules, ETH has a chance to double from its current level, with an increase of over 90%!

Historical data tells us that such breakouts are often a prelude to a super bull market.

Ethereum has also experienced similar 'symmetrical triangle breakouts' before its past major rallies.

Such breakouts generally occur over higher time frames (like trends lasting several months), and then the market often enters a long period of strong rebound.

Moreover, if the breakout is accompanied by a significant increase in trading volume, it indicates strong market buying enthusiasm, making it easier for the trend to continue rising.

Moreover, the current global macro environment is relatively favorable for cryptocurrencies, providing strong support for Ethereum's upward momentum.

The fractal history of Ethereum.

Looking back, Ethereum's two super surges both experienced similar 'bottom retests':

January 2017: After stabilizing in a certain bottom area, ETH launched an astonishing rise, ultimately increasing by over 8,000%! This lasted about a year.

April 2020: Once again, stabilized near the bottom and subsequently rose about 950%, also taking about 12 months to reach the top.

Both of these market waves show that after confirming the bottom, Ethereum often initiates a sustained and explosively strong bull market.

Ethereum is back in April 2025!

In April 2025, Ethereum repeated this 'bottom retest' trend, finding support around $1,750 to $1,850 and rebounding strongly.

According to this fractal, the next wave of rising is expected to last until around April 2026, with huge potential for growth!

Target price: at least $10,000, with the most optimistic being $20,000!

According to historical fractal calculations, the minimum target for this rise is $10,000, while in the best-case scenario, Ethereum could sprint to $20,000! This number indicates a strong signal for a new round of super bull market.

Famous analyst Merlijn The Trader also expressed a similar view, believing that Ethereum is in a multi-year upward channel, and hitting $20,000 in the coming months is highly probable.

Why is this fractal trustworthy?


History has repeatedly verified.

The trends in 2017 and 2020 closely match the fractal pattern, and the market ultimately experienced massive increases.

Bottom confirmation is extremely critical.

Ethereum successfully tested the bottom in April 2025, showing strong buying support.

Combination of macro environment and on-chain data.

The current market environment is relatively loose, with institutions continually entering, coupled with the ongoing development of Ethereum's ecosystem, providing strong momentum for the rise.

Historical fractals give us a cool reference model—Ethereum may start an explosive rise in the next six months to a year, with a minimum target of $10,000 and a best-case scenario reaching $20,000!

This is a big opportunity worth paying attention to for friends in the crypto circle. Of course, market volatility still exists, so be sure to invest rationally and manage risks well.

Friends in the crypto circle, are you ready to welcome Ethereum's super bull market? Let's wait and see and witness the miracle together!