2 Key Indicators Hint Ethereum Could Smash $8K in Q4

Ethereum (ETH) is trading near a critical level that analysts say could determine its next major move. Meanwhile, the asset was priced at around $4,350, with a 24-hour volume of over $41 ￰0￱ has recorded a 2% decline in the past day and a 3% drop over the last ￰1￱ Structure Signals Breakout Potential Technical analyst ZYN has identified a Wyckoff accumulation pattern on Ethereum’s weekly ￰2￱ to the structure, ETH has already passed through the earlier phases and is now sitting in what is referred to as the final stage. A clean “spring” and “test” below $2,500 formed earlier this ￰3￱ then, ETH has climbed back toward a key resistance level at $4,750. $ETH Wyckoff accumulation is in its final ￰4￱ just needs a weekly close above $4,750 and a new rally will ￰5￱ target is $8K by Q4 end and $10K by cycle ￰6￱ — ZYN (@Zynweb3) October 9, 2025 The analyst projected a target of $8,000 by the end of Q4 and $10,000 later in the market ￰7￱ this setup, previous resistance levels at $3,880 and $4,100 are now acting as ￰8￱ from Falling Wedge Supports Bullish View Trader Tardigrade noted a breakout from a falling wedge on the ETH weekly ￰9￱ wedge formed after Ethereum’s strong move earlier in the year, showing a series of lower highs and lower ￰10￱ has since broken out above the upper boundary of the pattern near $4,100.

Notably, this kind of breakout often leads to upward ￰11￱ chart shows a projected move toward $6,500 to $7,000 if current momentum ￰12￱ has respected the $4,100 level as support, which had previously acted as resistance.