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Can I still buy ETH now?
According to Cointelegraph, Ethereum's recent price has broken through several bullish patterns, and analysts expect the ETH price to rise to $6,000 soon and possibly reach $20,000 within a year.
Ethereum rose about 24% this week, reaching $4,330, its highest since December 2021. Analysts are watching to see if it can break the historical high of $4,950.
Analyst Lord Hawkins pointed out that ETH is breaking through the Wyckoff accumulation pattern, with a target price of $6,000. ETH has broken through the $4,200 resistance zone and entered the "strong signal" phase.
ETH has broken through the upper trend line of the symmetrical triangle, with a target price of $8,000, representing an increase of over 90% from the current price. Historically, ETH often experiences strong upward movements after a long-term breakout.
Analyst Nilesh Verma believes that ETH could reach $20,000 within 6-8 months if historical price patterns repeat. After strongly rebounding from the bottom support in April 2025, ETH may continue to rise until April 2026.