Analyst: The ETH price rise channel has been opened and may reach a historic high within 1-2 weeks.

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According to Golden Finance, after ETH broke through the $4,000 mark for the first time since the end of 2024, market sentiment has risen again. Analyst Merlijn stated that the price rise channel for ETH has opened, and the current highest target price may be set at $20,000. Additionally, trader BitBull pointed out that driven by massive short position squeezes and institutional buying, it may be easier for the ETH price to reach new historical highs. If the weekly closing price exceeds the $4,100 range, a new historical high may appear within 1-2 weeks. It is reported that the previous high for ETH was about $4,875, set in November 2021.

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GateUser-ceb9e8b4vip
· 1h ago
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GateUser-ceb9e8b4vip
· 1h ago
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Ndahsarvip
· 3h ago
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GoodFriendvip
· 6h ago
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GateUser-763e2ba9vip
· 6h ago
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Se7hpvip
· 7h ago
Hold on tight 💪
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