Ethereum is reportedly entering a fifth wave uptrend, with a target price of $5,413, according to Garrett Jin, an agent of the "BTC OG insider whale." Jin's technical analysis suggests that Ethereum's C-wave decline, which began on October 10, was halted around November 20, with the fifth wave of decline failing by December 18. This indicates a potential exhaustion of the downward momentum, leading to a renewed uptrend that started in April last year. Jin also mentioned a more ambitious target of $7,155 for Ethereum.
Ethereum Targets $5,413 in New Uptrend, Analyst Predicts
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