Ethereum Breaks Through Resistance, Poised for a parabolic Run to $6,000

Ethereum has successfully broken through a key technical level, signaling a significant shift in market sentiment and potentially setting the stage for a dramatic price surge. Analysts are observing strong bullish momentum based on the Wyckoff accumulation model, which suggests Ethereum is transitioning from uncertainty to a period of rapid price growth. The breakout indicates that ETH could be entering the final markup phase of its cycle, typically associated with parabolic moves towards key resistance levels like $6,000. }