Ethereumâs Path to $10K+ : The Parabolic Run is Coming**
#ETHđ„đ„đ„đ„ #parabolic #etherreum #BinanceSquareFamily #BinanceHerYerde Ethereum (ETH) is showing patterns reminiscent of its 2020 accumulation phase, which preceded a massive parabolic rise. In August-September 2020 , ETH was in its final accumulation before skyrocketing in value, and a similar setup is now unfolding in August-September 2024.
The market structure and accumulation patterns hint at a potentially massive run that could see ETH breaking **$10K+**.
With Ethereum showing strong signs of accumulation again, the historical trend suggests we may be on the verge of a parabolic rise in the months ahead.
Conclusion :
Ethereumâs price action points to a significant move, with the possibility of a parabolic surge as it completes its accumulation phase.
Advice for Traders and Investors :
- Keep a close watch on ETHâs price levels during this accumulation phase.
- Prepare for potential upward momentum, as history could repeat itself.
- Consider long-term positions with a target beyond $10K, but stay cautious of market volatility.