#ETH Ethereum breaks through a key threshold, target price of 10,000 USD
Ethereum (ETH) has officially broken through the 4,000 USD mark, marking a significant technical transformation in its price structure. Prior to this breakthrough, ETH experienced years of sideways consolidation and consolidation within an expanding wedge— a typical chart pattern that often indicates significant market trends.
Traders and analysts are closely monitoring this level, as the breakthrough of 4,000 USD and the wedge resistance level indicates that the long-term bullish trend is resuming. Price movements indicate that Ethereum is no longer just reacting to market noise, but is preparing for a potential rebound, moving towards higher targets.
The target of 10,000 USD and what will happen next
Based on the trend following this technical breakthrough, Ethereum's next major target price is expected to be above 10,000 USD. This conclusion is drawn from the depth of the wedge pattern and the momentum that ETH has accumulated in recent months.
However, market participants should adopt a pragmatic attitude to temper their excitement. Such large fluctuations cannot be achieved overnight. Historically, after such breakthroughs, Ethereum often enters a consolidation phase—typically slow sideways trading that tests investors' patience.
The consolidation phase may trigger uncertainty, frustration, or fear of missing out (FOMO), especially for those expecting immediate profits. But this "annoying" period is a natural part of the cycle. It helps to reset momentum indicators and build stronger support before a sustained upward trend.
Patience is key to profit
For those who understand market cycles, the current stage is not a time for panic or overtrading, but rather a time to closely observe and remain patient. The breakthrough of 4,000 USD is already a significant victory for the bulls. The next rally, potentially pointing to 10,000 USD, will require time, sustained bullish sentiment, and broader cryptocurrency market support.
