Analysts predict Ethereum (ETH) could reach $15,000 this cycle, representing a potential 458% surge from current levels, with multiple experts identifying bullish chart patterns
Technical analysis shows a symmetrical triangle pattern and a head and shoulders formation on ETH’s weekly chart, suggesting possible breakout targets between $5,000-$7,000
ETH price movements are being compared to copper markets, similar to how Bitcoin correlates with gold, providing a new framework for price analysis
The upcoming Pectra upgrade scheduled for April 8, with testnet activations in February and March, is contributing to bullish sentiment