Ethereum's Road Map to $6000+

Author: Dr. Arnout Ter Schure

Published: June 11, 2025

Summary

The article discusses the potential price trajectory of Ethereum (ETH) based on technical analysis using the Elliott Wave (EW) Principle. The author suggests that if Ethereum can maintain a price above $2385, it is poised for a rally that could see it reach $5000 or more.

Current Market Analysis

In previous updates, the author indicated that if Ethereum failed to surpass the 200-day Simple Moving Average (SMA) and dropped below the recent low, it would signal a peak in the current bullish cycle. However, Ethereum managed to break above the 200-day SMA, indicating the start of a new bullish wave (red W-iii) that is expected to subdivide into smaller waves, ultimately targeting a price of at least $6100.

Retracement and Correction

The article notes that the recent price retracement was shallower than typical, suggesting that corrections can occur through time rather than price. This means that the market can correct itself by moving sideways rather than experiencing a significant price drop. The author posits that the current rally may represent the green W-5 of the red W-i, with future price targets for Ethereum set around $3000 before a deeper correction could occur.

Risk Management and Future Outlook

The author emphasizes the importance of having a clear risk management strategy, suggesting that traders should monitor key price levels to avoid being caught off guard by market movements. Both potential price paths lead to a bullish outlook for Ethereum, with the expectation of reaching $5000+ in the long term. The article encourages readers to maintain a long-term perspective, as significant gains are often realized over extended time frames.

Conclusion

Dr. Ter Schure concludes by reiterating the importance of being prepared for various market scenarios while keeping the long-term bullish outlook in focus. The analysis aims to provide clarity and direction for traders and investors in the Ethereum market.