TLDR Crypto · MARKETS & BUSINESS
HOW HIGH WILL ETHEREUM GO AFTER BREAKING $4K?
Summary from the TLDR Crypto newsletter
Ethereum surged 24% this week to above $4,330, breaking key resistance around $4,200 in its highest rally since December 2021. Analysts see a Wyckoff Accumulation breakout in play, with a potential move toward $6,000 if the new uptrend holds. A simultaneous breakout from a multi-year symmetrical triangle points to an $8,000 target in the coming months, echoing past multi-month rallies triggered by similar patterns.