TL;DR:
- Analysts identify a repetition of the 2024 fractal structure that could propel ETH to $4,000 by February.
- A four-year “cup-and-handle” formation suggests a minimum five-figure target for the current bullish cycle.
- Network growth reaches record levels with over 175.5 million active wallets despite recent volatility.
Ethereum’s price is headed toward $10,000, driven by technical setups that evoke previous bull cycles. The asset is currently trading near $2,850, but analysts point out that the current structure is a reflection of highly reliable historical patterns.
In this regard, Heisenberg noted that the asset is replicating a 2024 fractal where, after a 92-day consolidation phase, the rally arrived. If this chronology holds, Ethereum could establish a solid base until late February 2026 before targeting the $4,000 zone once again.
On the other hand, indicators such as the RSI have begun to strengthen on higher timeframes, matching conditions seen before major breakouts. This accumulation of positive signals suggests that the recent dip is merely a necessary pause within a larger trend.
Long-Term Patterns and Record Ecosystem Adoption
The most ambitious vision comes from analyst Sykodelic, who highlights a “cup-and-handle” formation on the monthly chart that took four years to develop. From this perspective, surpassing the former all-time high of $4,950 would validate a projected move of great magnitude.
Additionally, a falling wedge is observed on the 3-day chart, which is reaching its technical resolution point. If the price manages to close above the wedge’s resistance, the first target would be in the $3,900 to $4,300 range.
Beyond technical analysis, network fundamentals show unprecedented robustness with over 175.5 million non-empty wallets. This organic growth, which added 5.1 million users so far in 2026 alone, provides the real support necessary to sustain high valuations.
In summary, investors are keeping hope alive thanks to the combination of bullish fractals and record-high network adoption. The upcoming weekly closes will be decisive in confirming whether Ethereum finally begins the definitive path toward the ambitious five-figure goal.
