๐๐ Ethereum Price: ETH Season Begins in 3 Days โ $10,000 Next?
๐ ETH Season Kicks Off Soon
Historical data shows Ethereum (ETH) often rallies in Q1, following Bitcoinโs Q4 surge. Analyst Crypto Rover predicts ETH Season begins in 3 days, signaling a potential massive uptrend. A BTC recovery in early 2025 could act as the key catalyst.
๐ Cup & Handle Pattern Signals $10K Target
ETH's multi-year Cup and Handle pattern suggests a breakout is near. This bullish formation indicates potential targets at $6,078 (conservative) and $12,480 (exaggerated), with $10,000 being a key psychological milestone.
๐ผ Resistance Key to Breakout
Ethereum has repeatedly tested key resistance levels without a breakout. However, the start of Q1 could provide the momentum needed to flip resistance into support, paving the way for an extended rally toward five-digit levels.
๐ Bitcoinโs Impact on ETHโs Outlook
BTCโs weakness, trading near $93K, poses a risk. Analyst Peter Brandt warns of a bearish Head & Shoulders pattern targeting $78K. If Bitcoin fails to stabilize, ETHโs rally could stall, potentially pulling the price down to $2,600.
