Analysts: Ethereum is expected to reach around $8000 by early 2026
Online reports, according to Cointelegraph, analyst Gert van Lagen pointed out that Ethereum (ETH) is in the "final surge" stage and may move towards the $8000 price. He found that ETH's current price structure was strikingly similar to the 1980 Dow Jones bull market pattern. The analysis is based on a "textbook expansion diagonal" pattern, an expanded horn pattern that has provided strong support for Ethereum's main rebound since mid-2022. ETH currently trades between the upper and lower boundaries of this form and is expected to reach a level of approximately US$8000 on the upper boundary by early 2026. Technically, ETH has re-established the multi-year uptrend line as a support and integrated it within a rising triangle. If you break through the horizontal resistance zone of $3,900 - 4,150, it may trigger a rise towards $7150, close to the target price in the form of a trumpet. Analysts said macroeconomic factors such as expected Fed interest rate cuts and continued ETH ETF inflows could support this upward trend.
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