$ETH

ETH Price Analysis: The Path to Breakthrough May Point to $10,000+!

The current trend of ETH is attracting attention, replicating a symmetrical triangle breakout pattern similar to XRP, which may lead to significant gains. Let's take a look at the key points:

ETH price has broken through the upper trend line of a three-year symmetrical triangle, potentially pointing to the 1.618 Fibonacci retracement level, approximately $7333. It is expected that by December 2024 to January 2025, ETH could rise by about 90%, and the MACD slow line is about to break the zero line, which will inevitably accelerate the rise once it breaks through.

If ETH can hold the support level of $3790, it is expected to challenge the historical high of $4881 and further challenge $7333, or even higher targets!

The inflow of funds into spot ETFs has significantly increased, rising from $123 million in November to $1.42 billion in December, reflecting the market's long-term confidence in Ethereum.

Summary of Key Points

Holding the support at $3790 is crucial.

Short-term focus on resistance at $4881, long-term target looks to $10,000+.

Targets: $4881, $7333, $8348, $10,000+

Brothers, this trend of ETH is worth paying attention to, the targets are clear, but risk management is equally important, don't let your hands shake!