<ul data-eligibleForWebStory="true"><li>Ethereum is forming a Wyckoff re-accumulation structure with breakout targets at $4,000 and $8,000, reminiscent of its historic pattern from 2019–2021.</li><li>EIP-7782 proposes halving block times on Ethereum to enhance speed and user experience.</li><li>The current chart setup for Ethereum is drawing attention, signaling a potential major move.</li><li>Ethereum's pattern indicates entry into the 'Spring' phase, with expectations of significant price expansion.</li><li>Market analysts predict an initial breakout to $4,000 followed by a larger move to $8,000 based on positive action and volume.</li><li>Analysts draw parallels between Ethereum's current cycle and its 2019–2021 rise, suggesting a potential for five-figure valuation by 2025.</li><li>Traders are eyeing a breakdown of $2,500 as a potential trigger for a parabolic rally reminiscent of the 2020–2021 surge.</li><li>Ethereum Improvement Proposal 7782 aims to significantly enhance the network's speed with faster block times, expedited transactions, and improved decentralization.</li></ul>

Ethereum (ETH) Price Targets $8K As Wyckoff Structure Aligns With Major Upgrade

Discover more