🚀 Veteran Trader Peter Brandt Calls Ethereum ($ETH ) “A Moon Shot” 🎯

Veteran trader Peter Brandt has identified a chart pattern in Ethereum price that he believes may lead to a major price move.

Known for his critical views on Ethereum, Brandt stated that the current congestion pattern on the ETH monthly chart could support what he called a “moon shot.”

Brandt shared the analysis on his social media, noting that ETH has been trading within a long-term symmetrical triangle pattern since 2021.

This formation often appears during market consolidation and can lead to a strong price breakout if confirmed.

According to Peter Brandt’s chart, Ethereum price has formed a large symmetrical triangle pattern on the monthly timeframe.

This pattern is made of lower highs and higher lows, compressing ETH’s price into a narrowing range.

The upper boundary connects the highs from 2021 and 2024, while the lower boundary has formed from the 2022 bottom and recent 2025 lows.

Brandt pointed out that this pattern could be the base for a large upward move. “This congestion pattern could support a moon shot,” he stated.

He also mentioned that he generally avoids commenting positively on Ethereum price but sees technical strength in the current chart structure.

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