Ethereum ($ETH) is trading near $4,717 after a 10% surge in 24 hours, and analysts are mapping bullish targets based on technical breakouts, cycle patterns, and institutional flows.
🔎 Key Technical Setups
📊 ETH/BTC Breakout (EGRAG CRYPTO)
Broke a multi-year descending trendline → bullish continuation confirmed.
Must hold 0.03934 support to sustain trend.
Targets: 0.05440 (Fib 0.702) → then 0.07331 & 0.08773 before possible correction.
📈 Bull Flag Breakout (Titan Crypto)
ETH 4H chart confirms bull flag breakout.
Measured move points to $5,400 target in near term.
📐 Cycle View (Crypto GEMs)
ETH replaying historic accumulation → expansion pattern.
Long-term range projection: $10K–$14K in next cycle.
⚠️ Retracements (Michaël van de Poppe)
Pullbacks to $4,400 / $4,200 possible.
Seen as healthy resets before continuation higher.
💹 Market Dynamics
Open Interest: Record $34.5B – shows aggressive bullish positioning, but risk of volatility from liquidations.
Institutional Flows: U.S. ETH ETFs saw 111K ETH outflows, adding short-term volatility.
Political Angle: Donald Trump reportedly bought $5M ETH (96% of portfolio), showing growing mainstream & institutional interest.
🎯 Price Outlook
Short-term: $5,400 (bull flag target).
Mid-term: $7,000–$8,000 if momentum sustains.
Long-term (cycle peak): $10,000–$14,000 potential.
Risk levels: Watch $4,400 & $4,200 pullbacks.
🚀 Takeaway: ETH just confirmed a major breakout. As long as $4,400 support holds, $5,400 looks highly probable, with the cycle setting up for $10K+ targets over the coming years.
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