ETH is expected to rise to a high of $10,450!!!

Compared to the current price, the increase could be as high as 265%. It is worth noting that the neckline in this pattern is roughly around $4,000, an area that has long been a key resistance level on Ethereum's journey. Currently, Ethereum is consolidating below the current price level of $3,450, testing previous resistance levels to explore their effectiveness as support.

Once Ethereum successfully breaks through the key level of $4,000, it is very likely to trigger a new round of rebound; the previously set historical high of $4,800 will undoubtedly become the first significant milestone. After crossing this point, moving towards the expected target of $10,000 becomes a realistic possibility.

However, for Ethereum to maintain its upward trend, it is crucial to firmly hold the key support level. If the current support around $3,450 is unfortunately breached, Ethereum is likely to experience a pullback, potentially dropping to $3,200, and there is even a possibility of further sliding down to $3,050. If it falls below the 200-day exponential moving average (about $2,700), it would mean that the current bullish pattern would be broken, and the market may enter a prolonged consolidation phase, facing further downward pressure.

Although the current inverted head and shoulders pattern is releasing positive signals, the next stage of ETH's development is likely to be significantly influenced by the overall state of the external market and changes in trading volume.

Finally, I have carefully selected a cryptocurrency expected to increase by 2-3 times in the short term and 5-10 times in the long term. Leave a comment + like for a free share! $XRP $BNB $SOL #加密市场调整 #美国加密立法或将重启 #BTC上攻11万？ #2025有哪些关键叙事？