Ethereum to $4K? Trading Legend Peter Brandt Drops Bombshell Price Prediction

Veteran trader Peter Brandt—the man who called Bitcoin’s 2018 crash—just set crypto Twitter ablaze with a bullish Ethereum forecast. His $4,000 target would mark a 70% surge from current levels, leaving Wall Street’s ’safe’ 5% yield plays in the dust.

Why the optimism? Brandt cites Ethereum’s deflationary post-Merge supply and institutional ETF whispers. Skeptics counter that SEC Chair Gary Gensler still hasn’t greenlit ETH futures—but since when has regulatory foot-dragging stopped crypto?

One thing’s certain: if Brandt’s right, the ’flippening’ chatter will reach deafening levels. Just don’t tell the Bitcoin maxis.

In Brief

• Peter Brandt anticipates a bullish “moon shot” for Ethereum with a potential target of $4,000.
• Brandt’s shift in stance, supported by Raoul Pal, is restoring investor confidence in Ethereum.
• Ethereum is up 30% in a week, breaking through several key resistance levels.

Ethereum: a chart pattern with strong bullish potential

Since 2021, ethereum has been evolving in a symmetrical triangle configuration, a classic pattern often signaling a strong directional breakout. Peter Brandt, accustomed to bearish projections on ETH, now sees a major bullish opportunity. The support is around 2,150 dollars, tested several times. The approaching upper resistance would be the trigger point for a possible “moon shot“.

In case of a confirmed breakout:

• The first target would be the 3,500 dollar area;
• The second target, mentioned by Brandt, exceeds 4,000 dollars;
• Increasing volume strengthens the credibility of the upcoming movement.

Peter Brandt: from a bearish scenario to a strategic turnaround

Long considered one of Ethereum’s toughest critics, Peter Brandt recently targeted abyssal levels below 800 dollars. His turnaround is surprising: the analyst now sees a potential explosion. The descending triangle has thus given way to a clear bullish figure. For Brandt, ETH is no longer to be buried but closely watched.

Especially since Ethereum has gained more than 30% in one week, overcoming several intermediate resistances including the crossing of 2200 dollars. If this momentum continues:

• The 4,000 dollar target becomes technically realistic;
• Triangle validation would open a long-term bullish cycle;
• Brandt’s reversal could act as a psychological catalyst.
  

Raoul Pal validates the analysis: a strong signal for ETH investors

Raoul Pal, founder of Real Vision, relayed Brandt’s analysis, providing dual technical and institutional endorsement. This sharing is not limited to a simple comment: it implies implicit validation of a scenario many still considered unlikely. Pal, known for his macro vision, thus strengthens the idea of a favorable momentum for ethereum.

This convergence of analysts presents three implications:

• A consolidation of professional investors’ confidence;
• A potential increase in volume on ETH via derivatives;
• A shift in the narrative around ethereum, becoming a strategic asset again.
  

Peter Brandt’s reversal is not trivial. It restores to ethereum a dynamic absent for several quarters. If the identified technical resistance breaks, the second asset of the crypto market could initiate an explosive cycle and reach 15,000 dollars this May. In a context where even its fiercest critics are revising their forecasts, buyers now have a strong argument to aim for new highs.

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