# ETH Breaks Out: Eyes Set on $4K

By [Sreen](https://paragraph.com/@sreen) · 2024-07-29

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Ethereum’s ETH breaks out from a falling wedge pattern, signaling a potential rally towards $4,000 and beyond. Supported by bullish technical indicators and whale accumulation, ETH’s surge in 2024 may continue, with spot Ether ETFs potentially launching soon.

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*Originally published on [Sreen](https://paragraph.com/@sreen/eth-breaks-out-eyes-set-on-4k)*