How high will Ethereum’s price go after breaking through $4,000? My personal analysis
Ethereum bulls make a strong case for an ETH price rally toward $10,000 or above in the next six to eight months.
- Ethereum is breaking out across multiple bullish setups on the price chart.
- Analysts see ETH rising to $6,000 soon, with $20,000 possible within a year.
Ethereum’s native token, Ether
Ethereum’s native token, Has surged roughly 24% this week to above $4,330, its highest price since December 2021. Many analysts now eye a break above the record $4,950 level next.
Ether’s Wyckoff pattern breakout targets $6,000
The ETH/USD pair has been trading inside a large accumulation range for months, steadily absorbing selling pressure. This phase often ends with a decisive breakout once buyers gain control, according to Wyckoff theory.
That breakout appears to be underway, with ETH pushing above the $4,200 resistance zone, a stage known as the “Sign of Strength” (SOS).
In Wyckoff’s model, this is typically followed by a brief pullback, or “Last Point of Support” (LPS), to confirm the new uptrend.
If the LPS holds, price enters the markup phase, where gains accelerate as demand overwhelms supply. Measuring the height of the accumulation range gives a technical target near $6,000.
Triangle setup shows $8,000 Ether price target
As of Sunday, ETH was breaking above the upper trendline of its multi-year symmetrical triangle, located in the $4,000–$4,200 zone, according to analysts Crypto Rover and Titan of Crypto.
The breakout suggests a potential measured move equal to the triangle’s maximum height, pointing toward the $8,000 region in the coming months. That is up by over 90% from the current price levels.
Historically, such long-term breakouts on ETH’s higher timeframes have preceded strong multimonth rallies, especially when confirmed by increasing volume and favorable macro sentiment.