Increasingly more analysts and chart patterns are pointing to an imminent Ether breakout to an all-time high, bolstered by BlackRock doubling its Ether ETF holdings.
Ether is setting up for a rally above $5,000, coined as a “minimum target” by crypto analysts anticipating a cycle top above $15,000 for the world’s second-largest cryptocurrency.
In the wider crypto space, Avalanche closed a $250 million private locked-token sale from over 40 companies ahead of Avalanche9000, purportedly the most important upgrade in the layer-1 blockchain network’s history.
Ether could see a rally to over $5,000, based on technical chart patterns, as analysts predict its bullish momentum may extend until the end of 2025.
