Ethereum’s (ETH-USD) surge past $4,300 is fueling analyst predictions of prices ranging from $6,000 to $20,000 within the next year, as corporate treasuries pile into ETH at a record pace.
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Ethereum’s Price Surge Confirms Multiple Bullish Patterns
Ethereum has rallied roughly 24% this week, reaching its highest price since December 2021. Technical analysts say the breakout is happening across several bullish setups, including a Wyckoff Accumulation pattern and a multi-year symmetrical triangle.
Lord Hawkins notes ETH has entered the “Sign of Strength” stage in Wyckoff’s model, typically followed by a brief pullback before a rapid markup phase. The pattern’s measured target points toward $6,000.
At the same time, analysts like Crypto Rover and Titan of Crypto highlight ETH’s breakout above a multi-year triangle, with a projected move toward $8,000 in the coming months. This is a gain of more than 90% from current levels.
Historical Fractals Suggest a Run Toward $20K
Some analysts are looking beyond near-term targets. Nilesh Verma points to historical fractals where ETH rallied sharply after retesting major bottom support, delivering parabolic gains within 12 months.
If history rhymes, ETH could hit $10,000 at a minimum, with $20,000 possible by April 2026. Merlijn The Trader agrees, citing Ethereum’s multi-year rising channel as a framework for a major breakout.
Corporate Treasuries Accelerate ETH Accumulation
While charts signal potential upside, corporate actions are adding fuel to the rally. New data from Strategic ETH Reserve shows companies now hold 3.04 million ETH, worth $13 billion.
BitMine Immersion Technologies (BMNR) boosted its holdings by over 410% in the last month, now controlling 833,100 ETH valued at $3.58 billion. SharpLink Gaming followed with a 141% increase to 521,900 ETH, worth $2.23 billion.
The Ether Machine also expanded its treasury to 345,400 ETH, coinciding with Ethereum’s 10th anniversary. Combined, the top 10 ETH treasury firms control 2.63% of Ethereum’s total supply.
Institutional Demand Reinforces Bull Case
SharpLink’s unrealized gains exceed $671 million, showing how quickly treasury buyers are being rewarded. Smaller firms are also joining in, such as Hong Kong-listed IVD Medical, which purchased $19 million in ETH through HashKey exchange last week.
With both technical patterns and institutional flows aligned, analysts argue the current rally has stronger foundations than many past surges. The next key milestone will be a sustained break above Ethereum’s all-time high of $4,950.
At the time of writing, ETH is sitting at $4,264.18.
