$ETH ā” ETH ā” ā ļø Weaker Zone: 2,310 (If Next Session Starts Here Again) ā Short š¼ Portfolio: 2% to 4% šÆ Target: 2,250 - 2,270 ā Safe Zone Resistance: 2,370 ā SL: Based on 1:2 Risk:Reward
Based on this chart š, ETH is currently respecting a falling wedge pattern, a bullish formation marked by the upper and lower trendlines. However, in the short term, ETH appears likely to dip further, potentially testing the support zone near the lower wedge boundary. This area could act as a strong bounce point š. My personal analysis suggests that once ETH builds momentum and breaks the key $4,000 resistance zone with significant volume and price confirmation š, flipping it into support, we may witness ETH surging toward a new all-time high š. Patience is key as this move unfolds.
ā ļø Use only 1% of your portfolio š¼ to manage risks effectively. Avoid high leverage š« and proceed cautiously to mitigate potential losses š. Always prioritize risk management and use the DCA method ā . $ETH
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Ethereum's Next Big Move: Is a 100% Surge to $6757 Coming Soon?
$ETH With growing institutional interestāsuch as the potential approval ofĀ ETH ETFsĀ with staking features šāand buzzworthy news like theĀ Trump familyās interestĀ in Ethereum-based businesses š¤Æ, Ethereumās price could be poised for significant upside in the coming months. If youāre experiencingĀ FOMOĀ and wondering whether to buy ETH now or wait for a cheaper entry point š¤, hereās an analysis to help guide your decision. Pattern Analysis: Decoding ETHās Bull Run Timing š Looking at Ethereumās last bull run, a distinctĀ three-step peak patternĀ emerges: Step 1:Ā $2385 (š Dec 9, 2023)Step 2:Ā $2710 (š Jan 12, 2024)Step 3:Ā $4096 (š Mar 12, 2024) A similar pattern seems to be forming as we approach 2025: Step 1:Ā $3437 (š Nov 12, 2024)Step 2:Ā $4121 (š Dec 16, 2024)
This suggests the possibility of aĀ third peakĀ during this yearās bull run. To determine if it has already started and when we might see a new high š, I examined key technical indicators and historical trends. Golden Cross: A Bullish Signal for ETH š„ During the last bull run, Ethereum formed aĀ Golden CrossĀ (MA 7, 25, & 99 on a 4-hour chart) onĀ Feb 2, 2024Ā š”, following a drop that touched a major support level. This event split the bull run into two phases: Correction:Ā 23 days.Climbing:Ā 36 days to the peak šŖ. A similarĀ Golden Cross appeared on Jan 24, 2025Ā š, just two days ago, after ETH bounced back from its support level. This strongly suggests thatĀ ETH has entered a long-term bull runĀ š¹ š and is unlikely to see much further correction. Price and Timing Projections š¤ Using linear regression analysis based on previous bull run markers, the following projections emerge: Next Peak Date:Ā AroundĀ March 24, 2025Ā (59 days after the recent Golden Cross).Target Price:Ā $6757, representing aĀ 100%+ increaseĀ š from the current price ofĀ $3335Ā šš°.
Key Takeaways š Ethereumās recent price action, combined with institutional interest and bullish technical indicators, points to a strong upward trend š. While the possibility of minor corrections remains, the data suggests significant upside potential, with ETH potentially reachingĀ $6757 by late March 2025. The question is no longerĀ ifĀ Ethereum will surge butĀ when. Will you seize the moment or wait for another entry point? Comment and share your thoughts. ššš #ETHProspect #ETHETFsApproved #BullRunAhead