Ethereum has successfully held its support level at $4,200, aligning with a Wyckoff accumulation model and a weekly falling wedge pattern. Analysts, such as Crypto Gem and Trader Tardigrade, foresee a potential breakout, projecting Ethereum prices to reach between $6,000 and $7,000 by the end of 2025. Supporting this bullish sentiment, on-chain data and increased futures volume indicate growing institutional interest. However, a drop below the $4,200 support could challenge this positive outlook.
Ethereum Maintains $4,200 Support Amid Bullish Projections
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