High
The article discusses a long-term technical pattern (golden triangle) on ethereum's 3-week chart that has held for nine years. a break above or below this structure, particularly the critical support level of $1,950, could significantly influence eth's price trajectory for years to come, with a potential target of $10,000 if the bullish scenario plays out.
Med
Bullish
The primary scenario presented is bullish, hinging on ethereum holding the ascending support line above $1,950. if this occurs, the analyst projects a potential move towards $4,350, leading to a more ambitious target of $10,000. the article also acknowledges a bearish scenario if the support breaks.