This Textbook Chart Pattern Could See ETH’s Price Blast to $12,000: Analyst
As Bitcoin reached a new peak price, driven by a flight to safe havens amid a US government shutdown and a rapidly devaluing dollar, Ether quietly recovered to within 7% of its previous peak.
ETH failed to break resistance at $4,600 and fell back to $4,500 at the time of writing, but it remains within a range-bound channel and is coiled and ready for a breakout, say analysts.
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Ethereum Daily Transactions Break 4-Year Range above 1.6 Million
![[LIVE] Crypto News Today: Latest Updates for Oct. 07, 2025 – Bitcoin Hits All-Time High Above $126K Amid Political Stalemate, $150K in Sight](https://cimg.co/wp-content/uploads/2025/10/07041154/1759810313-oct-7.jpg)
[LIVE] Crypto News Today: Latest Updates for Oct. 07, 2025 – Bitcoin Hits All-Time High Above $126K Amid Political Stalemate, $150K in Sight
This Textbook Chart Pattern Could See ETH’s Price Blast to $12,000: Analyst
As Bitcoin reached a new peak price, driven by a flight to safe havens amid a US government shutdown and a rapidly devaluing dollar, Ether quietly recovered to within 7% of its previous peak.
ETH failed to break resistance at $4,600 and fell back to $4,500 at the time of writing, but it remains within a range-bound channel and is coiled and ready for a breakout, say analysts.
Read More
Ethereum Daily Transactions Break 4-Year Range above 1.6 Million