The Ethereum price has broken out of a symmetrical triangle pattern, indicating a potential surge to new levels above $3,000. A popular crypto analyst predicts a peak around December with new bullish price targets at around $3,400. Despite a recent decline in price, large-scale investors known as "Whales" are back in action, moving substantial amounts of Ethereum tokens. This suggests potential selling or accumulating activity, creating uncertainty about the market direction. However, the bullish breakout from the triangle pattern could drive prices higher and encourage more buying activity.



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