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Ethereum on the Brink of Significant Changes: Two Growth Scenarios

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by Giorgi Kostiuk

6 hours ago


Analysts continue to discuss market data on Ethereum, proposing various scenarios for its behavior in the near future.

Scenario for Ethereum Growth to $6,000

During a discussion on the TechnicalRoundup podcast, an analyst expressed the view that the optimum course for Ethereum would be to hold current levels or experience a strong rally before a possible dip.

"A clean run to $6,000, followed by a dip to around $4,000, would be a healthier signal than correcting from here," the analyst noted.

Potential Correction Movements

However, the expert also sounded a note of caution. Ethereum has nearly doubled from $2,000 to $4,000 with minimal retracement, leaving room for a deeper correction.

A drop to $2,800–$2,900, while technically possible, could undermine the current uptrend. He emphasized that avoiding a retest of those lower levels would reflect strength, but any macro shock could change that picture quickly.

Summary and Prospects

The discussion illustrates that Ethereum has potential for reaching new heights but also highlights the need for a cautious approach. Forecasts may change depending on market shifts and macroeconomic factors.

Thus, the future of Ethereum remains uncertain, yet many analysts are confident in its upward trend under certain conditions.

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