Ethereum on Track to $16K

🔷Ethereum could reach $15–16K in the current market cycle, according to analyst Edward. A rising triangle is forming on the monthly chart—a technical pattern that has previously preceded thousands-of-percent gains. A breakout above $4K could trigger a new bullish impulse.
🔷Fundamentals are also strengthening: Ethereum ETFs have seen 20 consecutive days of inflows, institutional demand is growing, and supply remains limited. ETH is increasingly seen as an infrastructure asset, supported by the expansion of L2 solutions and integration with real-world assets.