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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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The future trend of Ethereum (ETH) is attracting market follow. By analyzing the weekly chart and using extension line techniques, we can clearly see that the next pump target for ETH is likely around $4500.
On the other hand, another calculation method using wave theory also supports this view, predicting the next pump target to be $4391. These two predictions are very close, further enhancing the credibility of this price range.
For investors holding long positions, this is undoubtedly a positive signal. Although market fluctuations are difficult to predict accurately, the current technical analysis indicates that ETH is likely to reach the price range of $4400 to $4500 in the near future.
It is worth noting that, although this target seems quite attractive, investors still need to remain patient. The market often requires time to validate these predictions, but based on current analysis, the realization of this target does not seem to be far off.
Overall, the trend of Ethereum remains optimistic. However, like all investments, market risks are always present. Investors should consider multiple factors when making decisions, rather than relying solely on technical analysis.