ETH is about to re-test the All Time High or ATH at 4k.
I don't see much in the way towards this critical level which will soon clear the path for ETH to enter price discovery and reach our target at $10,000!
Are you crazy? Not really. As soon as BTC breaks it's ATH, ETH will do the same and right now, the chart and technical analysis favor the bulls. So this is the MOST LIKELY scenario right now.
Can ETH reach $10,000? Of course. I mean listen, ETH can DOUBLE in price in a few weeks. Once we pass $4,000 again, it won't take long to double that.
The indicators are bullish, particularly on daily timeframe where BTC already did a bullish cross on MACD (see my other idea below). ETH is perhaps a day behind.
I see us quickly moving towards our ATH resistance, then we will likely have a pull back and then finally crush it to pump hard. All this can happen before the end of 2021. Christmas looks very eventful, yet again.