💎 The analyst predicts Ethereum growth to $5700–8000

📊 Trading expert Master Ananda believes that Ethereum (ETH) could reach a new record in the range of $5000–8000 in the coming months.

📈 According to him, long-term weekly charts show that the altcoin has been consolidating in a descending triangle since November 2021. At the same time, the pattern of ascending lows (from June 2022 to April 2025) signals a growing bullish momentum.

📊 April became a key moment – ETH formed a rounded bottom structure at the support level of $2425. Despite a brief drop below this mark, the price quickly rebounded, which the analyst considers as the end of the bearish phase.

🔵 Key levels:

1️⃣ Resistance: ~$3068 (Fibonacci correction 0.618)

2️⃣ Target zone: $3800–4000 (area of previous highs)

3️⃣ Main target: ~$5791 (Fibonacci extension 1.618)

The analyst expects Ethereum to reach this zone by the end of 2025.

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