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Zooming out on the broader timeframe, ETH is positioning itself at a critical juncture—the inverse head and shoulders pattern is taking shape on both weekly and monthly charts. We're approaching the neckline support, which could serve as a springboard for the next leg up.
If this technical setup holds, the upside potential looks substantial. Some analysts are eyeing a move toward $10K territory by 2026. The key is staying patient and watching how price action develops around these key levels. Keep an eye on the weekly close—that's where the real confirmation will come.