$ETH Performance Potential This Bull Run
Technical Patterns:
Bullish flag breakout → long-term target: $8,000
Cup & Handle → classic setup aiming for $6,600+
Short-term descending channel breakout → targets $2,700 – $4,000 retest before higher.
On-Chain & Demand Signals:
256K new addresses in a single day → mirrors 2017 & 2021 run-ups.
Futures open interest has doubled since June, showing big speculative bets coming in.
Whale accumulation: secret $114M purchases = quiet confidence.
Institutional Catalysts:
Tom Lee’s firm parking $5.26B in ETH.
Peter Thiel betting ETH will be the backbone of tokenized finance.
ETH dominates stablecoin flows with ~51% market share.
👉 If history rhymes, ETH could:
First break $4,000 and hold.
Run to $6,600 – $8,000 zone as its main bull cycle target.
With ETFs + tokenization hype → some models even whisper $10,000 peak if mania phase kicks in.
