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Ethereum Price Prediction: Analysts Eye $12K–$16K After Explosive Breakout 🚀

$ETH is on fire! 🔥 Trading above $4,190, ETH has smashed through a multi-year wedge formation, signaling the start of what could be a historic bull run. Analysts are buzzing with bold predictions, targeting $12,000 (Captain Faibik) to $16,000 (Tom Lee) as institutional heavyweights like BlackRock pour in, snapping up 65,000+ $ETH worth $272M. 💰

Why the hype?

✅ Technical Breakout: ETH escaped a long consolidation phase, a classic setup for massive rallies.

✅ Institutional FOMO: Big players are buying, absorbing supply and fueling upward momentum.

✅ Public Boost: Figures like Eric Trump are cheering ETH on, crushing $350M in short positions in a single day.

Could Ethereum hit $12K–$16K in this cycle? The mix of technical strength, institutional demand, and market sentiment says it’s possible. Buckle up—this rally might just be getting started! 📈

What’s your take? Are you riding the ETH wave or staying cautious? 👀