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Analyst Spots Long-Term Pattern That Could Send ETH to $10,000

  • Analyst Pillows believes that Ethereum (ETH) may be poised for significant gains based on a long-term pattern.
  • Pillows highlighted Ethereum's historical ascending channel patterns that led to explosive gains in previous cycles, projecting a potential sixfold increase that could push ETH above $10,000.
  • The forecast takes into account Ethereum's growing maturity, market cap, and institutional interest, factors that could support steady growth despite price volatility.
  • Although ETH faces key resistance levels, including $2,600, analysts suggest a breakout could set the stage for ETH to reach $4,000, with technical confirmation pending.

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