The post Ethereum (ETH) Price Prediction: Ethereum Bullish Pennant Targets $5K as Whale Accumulation Signals $5,766 Rally appeared on BitcoinEthereumNews.com.

Ethereum price is consolidating near $4,500 as technical patterns and whale accumulation align, fueling speculation that the second-largest cryptocurrency could be gearing up for a breakout toward $5K and beyond. This potential move comes as Ethereum exchange reserves drop to multi-year lows, while institutional investors steadily increase holdings. The convergence of reduced supply, technical strength, and whale demand is reinforcing the bullish case. Ethereum Price Holds Firm in Bullish Pennant Ethereum price today is trading near $4,500, consolidating within a tight range as traders monitor a bullish pennant formation on the charts. This pattern, defined by rising support and falling resistance, often precedes sharp breakouts. ETH has been repeatedly finding buyers between $4,400 and $4,500, while the $4,700–$4,800 zone remains a stubborn resistance. Ethereum retests $4,400 breakout zone and eyes $5,766 target as bullish pennant breakout gains momentum. Source: @donaldjdean via X Crypto analyst Mister Crypto stated that if Ethereum closes above $4,800, the price could accelerate toward $5,800, highlighting confidence in the bullish setup despite the need for stronger trading volume to confirm it. Whales Increase Positions With 820,000 ETH Purchases On-chain data highlights a surge in Ethereum whale accumulation, with large holders buying 820,000 ETH—worth roughly $3.8 billion—in just 72 hours. This activity pushed whale holdings from around 26.17 million ETH to more than 30 million ETH, underscoring growing institutional confidence. Whales scoop up 820,000 ETH worth $3.8B in just 72 hours, fueling bullish momentum for Ethereum’s next breakout. Source: @ali_charts via X According to crypto analyst Ali, such concentrated buying tends to provide strong liquidity support and establish a price floor during consolidation. When whales accumulate at scale, the probability of validating breakouts increases, as heavy buying often coincides with the early stages of significant price moves. Additional data shows a notable increase in the number of…

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Filed under: News - @ September 19, 2025 9:26 pm