Ether Bulls Break Through Resistance: Potential $6,100 Price Surge Eyed

Ether (ETH) has hit a multi-year high of $4,792 following a remarkable 45% surge from its August 3 low of $3,354. This rally is fueled by the emergence of a bull flag pattern, suggesting a potential 34% price increase to reach $6,100 in coming days. The bullish flag comes after ETH gained over 126% between June 22 and August 14, signifying continued upward momentum following consolidation.