Will Ethereum Hit 8K by Q4? A Room’s Peculiar Forecast 😂🤔

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Ethereum, that pale glow in a room of blinking numbers, hovers at a threshold where men with notebooks pretend to decipher fate. The air is thick with the hum of screens and the quiet drama of a market that loves to hint more than tell the truth.

It changes hands at roughly $4,350, with a 24-hour volume marching past $41 billion. The mood is down-2% in a single day, 3% slid over the week-like a stubborn sofa that won’t stop squeaking just when the aunt asks if anyone would like tea. 😅

Wyckoff Structure Signals Breakout Potential

In the corner, a technician named ZYN, cigarette gone but habit unchanged, nods at a Wyckoff accumulation pattern on Ethereum’s weekly chart. The structure, he says, has moved through its earlier acts and now lounges in the final scene. A “spring” and a “test” below $2,500 earlier this year, and since then ETH has crept back toward a formidable wall at $4,750.

$ETH Wyckoff accumulation is in its final phase.

Ethereum just needs a weekly close above $4,750 and a new rally will start.

My target is $8K by Q4 end and $10K by cycle top.

– ZYN (@Zynweb3) October 9, 2025

The analyst, with a mixture of bravado and arithmetic, projects a target of $8,000 by the close of Q4 and $10,000 somewhere further along the road. In this theater, yesterday’s resistance at $3,880 and $4,100 have become the quiet, dependable supports, like a tired nurse with a smile.

Breakout from Falling Wedge Supports Bullish View

Trader Tardigrade, less a trader than a man who has learned to read the tea leaves of a weekly chart, notes a breakout from a falling wedge. The wedge appeared after Ethereum’s valiant ascent earlier in the year, producing a string of lower highs and lower lows. ETH has since broken above the upper edge near $4,100.

Such breakouts, he remarks with a shrug that says either “result” or “fate,” often lead to further ascent. The chart hints at a journey toward $6,500 to $7,000 if the momentum does not misbehave. The price at $4,100, once a stubborn guard, has now become a sturdy floor.

Cost Basis for Active Traders Nears Price

On-chain whispers from CryptoQuant’s Crazzyblockk tell of ETH nearing the $4,280 “realized price” for wallets that have moved more than 100 times in the last month. These are the quick-hand, floor-sweeping participants-the merchants of momentum, if you will. They might be the first to murmur “we stay” if the coffee is strong enough, or to murmur “we go” if the signal winks.

Crazzyblockk offered a plain observation:

“This is a critical level to watch as it represents the average acquisition price.”

If ETH climbs above this zone, the story could tilt toward further accumulation by these busy hands. A stumble at this point could invite a bit of selling in the near term, as people remember that the floor has a memory of its own.

Institutions Continue to Accumulate

Ash Crypto notes a pattern of patient, large-scale accumulation. ETH is back to early October levels, while BlackRock’s ETHA fund has purchased about $1.4 billion worth of ETH in that window. Liquidity hums along; the big players appear to be nodding rather than shouting. He marks $4,240 as a short-term support and $5,000 as immediate resistance. A burst through $5,000 could clear a corridor toward $6,000, driven by order-book dynamics that sound suspiciously like a crowd moving at a glance.

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2025-10-10 11:47