Ethereum has soared roughly 24% this week, smashing above $4,330 — its highest point since December 2021. Now, wall street watchers are eyeing even higher territory.
Here’s what the charts are showing:
Wyckoff Accumulation Breakout — According to analysts, ETH has completed the classic accumulation pattern, indicating it's poised for a strong upward move toward $6,000.
Symmetrical Triangle Breakout — Breaking above the long-held triangle resistance, some see a potential push to around $8,000.
Bullish Momentum Ahead — Forecasts hint at a rally to $10,000+ over the next 6–8 months, with ultra-bullish scenarios seeing targets as high as $20,000 within a year.
TL;DR: What to Expect Next
Short-term breakout (Wyckoff)~$6,000Near-term technical signalMid-term breakout (Triangle)~$8,000Stronger bullish continuationLong-term rally$10,000–$20,000Depends on momentum & institutional flows
Bottom Line: ETH is showing bullish setups that could propel it well beyond $5K — if the technical strength and capital flow continue, even $20K may not be off the table.
#BNBBreaksATH #BTCBreaksATH #HotJulyPPI #ETH5kNext? $BTC $ETH
