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Bullish
$ETH
📊 ETH Season Incoming: Will Ethereum Hit $10,000? 🤔
Ethereum (ETH) is poised for a potential breakout as Q1 2025 approaches. Historical trends show ETH often lags behind Bitcoin (BTC), initiating its rallies at the start of the year. Analysts predict the next three days could mark the beginning of a new ETH season, backed by a strong Cup-and-Handle pattern on the charts.
This bullish setup, forming since October 2021, suggests Ethereum could target $6,078 in the short term, with an extended goal of $12,480. Breaking key resistance levels in the pattern is critical for this rally to materialize.
However, caution is advised. BTC’s current bearish signals, including a potential drop to $78,000, could overshadow ETH’s upward momentum. Should Bitcoin falter, Ethereum might slip as low as $2,600.
Stay tuned for this crucial period as Ethereum gears up for a defining moment in its price trajectory.
#eth #priceanalysis #analysis
📊 ETH Season Incoming: Will Ethereum Hit $10,000? 🤔
Ethereum (ETH) is poised for a potential breakout as Q1 2025 approaches. Historical trends show ETH often lags behind Bitcoin (BTC), initiating its rallies at the start of the year. Analysts predict the next three days could mark the beginning of a new ETH season, backed by a strong Cup-and-Handle pattern on the charts.
This bullish setup, forming since October 2021, suggests Ethereum could target $6,078 in the short term, with an extended goal of $12,480. Breaking key resistance levels in the pattern is critical for this rally to materialize.
However, caution is advised. BTC’s current bearish signals, including a potential drop to $78,000, could overshadow ETH’s upward momentum. Should Bitcoin falter, Ethereum might slip as low as $2,600.
Stay tuned for this crucial period as Ethereum gears up for a defining moment in its price trajectory.
#eth #priceanalysis #analysis
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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