Market analysts predict a possible recovery for Ethereum (ETH) with a price range between $4,000 and $8,000 in the coming months. Technical patterns, on-chain data, and institutional interest indicate that the token may be preparing for an upward move. Ethereum has maintained a long-term ascending trendline and is still in a bullish structure. The token has also broken out of a symmetrical triangle pattern, signaling the start of an uptrend. Major network upgrades and the possible approval of staking features for Ethereum ETFs could serve as catalysts for price growth. Key resistance zones have been identified, and if surpassed, Ethereum could accelerate towards the higher range. Whales and retail investors have increased their holdings, and the majority of ETH cryptocurrency holders are currently in profit.



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