Ethereum price prediction: Ethereum is forming a weekly bull pennant near $4,500, with whale accumulation and the Fusaka upgrade increasing odds of an upside breakout toward $10,000 if volume confirms the move within the next trading weeks.
Weekly bull pennant on Ethereum charts suggests a measured move higher if breakout occurs
Whales accumulated ~820,000 ETH (~$3.8B) in 72 hours, improving liquidity and supporting price floors
Fusaka upgrade (Dec 3) targets doubled blob capacity, which may boost Layer-2 throughput and adoption
Ethereum price prediction: Ethereum bull pennant forms near $4,500; watch breakout and volume for potential move toward $10,000 — read latest analysis and levels.
Ethereum forms a weekly bull pennant near $4,500 with whale accumulation and the Fusaka upgrade fueling projections toward $10,000.
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- Ethereum forms a weekly bull pennant, projecting a possible surge toward the $10,000 level.
- Whale accumulation of 820,000 ETH worth $3.8B strengthens liquidity and supports price consolidation.
- Fusaka upgrade on December 3 aims to double blob capacity and expand Layer-2 network adoption.
Ethereum is showing strong signs of continuation as a weekly bull pennant forms, and analysts suggest the projected target could send ETH toward $10,000 this year. Current trading levels near $4,500 are consolidating within tight ranges, with market participants watching for a decisive breakout in the coming sessions.
What is the bull pennant structure and the near-term Ethereum price target?
The bull pennant is a continuation pattern formed after a sharp rally; on Ethereum’s weekly chart it signals a potential measured move toward approximately $10,000 if confirmed by a breakout above $4,800 with rising volume. The primary confirmation will be sustained volume and a weekly close above resistance.
How do recent charts and analyst views quantify the target?
Technical analysis by Titan of Crypto shows a pennant after the mid-2025 rally. The pattern’s measured target projects toward near $10,000, with immediate resistance at $4,700–$4,800 and pivotal support near $4,650. Analysts emphasize that a weekly close above $4,800 with elevated volume would increase the probability of a sustained run.
#Ethereum $10,000 this year 🚀
If this weekly Bull Pennant plays out, the projected target would send #ETH toward the $10,000 mark this cycle.
Do you think we’ll see it happen? pic.twitter.com/vk7yxsixhw
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Weekly data from Coingecko reports Ethereum trading at $4,465.02, marking a 4.4% increase over the past month. Market capitalization stands at $538.97 billion, with a 24-hour trading volume of $23.42 billion. The circulating supply is reported at 120.70 million ETH. Recent trading sessions show ETH fluctuating between $4,443.55 and $4,541.88, reflecting relative stability despite episodic volatility.
Crypto analyst Mister Crypto added that “if Ethereum closes above $4,800, the price could accelerate toward $5,800,” though stronger trading volume is needed to validate the breakout. Market participants continue to monitor the $4,650 and $4,800 resistance zones as key levels.
Whale accumulation can provide liquidity support and reduce sell-side pressure during consolidation. On-chain tracking by Ali recorded about 820,000 ETH moved into large-holder balances—roughly $3.8 billion—within 72 hours, lifting large-wallet totals from 26.17M ETH to over 30M ETH.
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