According to @TATrader_Alan, Ethereum’s 3-day chart has formed a double bottom and, if confirmed, the measured move projects a $4,000 target (source: @TATrader_Alan on X, Jan 6, 2026). According to Investopedia, a double bottom typically confirms on a breakout above the neckline with rising volume and the price objective is estimated by projecting the height of the pattern, so traders often wait for confirmation to validate the $4,000 objective (source: Investopedia, Double Bottom overview).

According to @cas_abbe, Ethereum’s structure remains strongly bullish, with the uptrend line intact since May despite volatility; source: https://twitter.com/cas_abbe/status/2006325573388582970. He is watching a dotted projection toward 4,000 as the next upside focus for ETH; source: https://twitter.com/cas_abbe/status/2006325573388582970. He also notes the upcoming monthly candle close as key for confirming trend strength; source: https://twitter.com/cas_abbe/status/2006325573388582970.