Ethereum Ready For Explosive Breakout: $5,791 The Minimum Target–Analyst

Summary: Related Reading: The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead Ethereum To Break Out To At Least $5,791 MasterAnanda’s weekly candlestick chart shows a large ETH wedge pattern with consistently rising lows from June 2022 to April 2025. Pillows called the selloff to the $1,470  low in April as the “Spring” phase of Wyckoff accumulation, followed by a successful “Test” of a September 2024 support around $2,145, and the gradual move back to resistance now.
By Scott Matherson on 2025-07-06 20:30. Aggregated by Coinblockers.