ETH bulls target $9K: Does the data support the lofty price target?

Ether is showing renewed strength as tight supply, rising demand, and bullish technicals align, pushing ETH toward a possible $9,000 target.

Key takeaways:

ETH gained 50% in two weeks, and Elliott Wave models are pointing to a possible $9,000 top by early 2026.

Onchain fundamentals are strong: 28% of ETH is staked, exchange balances are at their lowest since 2016, and new buyer inflows are accelerating.

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