Ethereum (ETH) Target Reached! Is $5000 Next? Forecast & Price Targets Explained
1 extracted signal · 1 resolved · 0 still active
More Crypto Online14 Oct 2025, 01:04 UTC
AI-generated source summary
This video provides a technical analysis of the ETHUSD chart on a daily timeframe. The analyst notes that the upside momentum continues, with the $4,400 level identified in previous updates as a key resistance. After a flash crash, a lower low was formed. A base case scenario from August suggests a wave 4 correction, allowing for a potential 32% drop down to the 50% retracement level. An ideal target for a fourth wave is anticipated at the 38.2% retracement level around $3,665, which held. The analysis suggests the market is trying to form a fifth wave to the upside. The target would be around 5233.
AI-generated summary based on the source content.
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