Every dog has its day — woof woof $ETH pic.twitter.com/C84UeX3YUF

— Peter Brandt (@PeterLBrandt) June 9, 2025

Symmetrical Triangle and Bull Flag Signals

The symmetrical triangle does not provide a clear directional bias. However, considering the 50% surge between May 8-13, this formation is turning into a bull flag. A bull flag predicts the continuation of an uptrend. Brandt’s chart emphasizes that Ethereum’s tightening price structure is ready to explode. 

Whales and Institutions’ Interest in ETH

Major institutions like BlackRock have started to recognize ETH’s potential. Whales are also turning to ETH amid recent market turbulence. Although Brandt was previously cautious about Ethereum, he now states that the long-term consolidation pattern could trigger a significant rally. In particular, his statement, “This consolidation pattern could support a moonshot,” is drawing investors’ attention. 

If Peter Brandt’s bull flag pattern materializes, a decisive daily candlestick close above the flag’s upper trendline will be required. This move would confirm a bullish breakout, with the target calculated by adding the length of the rally before the flag to the flag’s base. According to Peter Brandt’s hints, the theoretical Ethereum price target would be $3,611. 

On the other hand, on June 6, nine spot Ethereum ETFs saw a net inflow of 6,819 ETH ($17.3 million). BlackRock’s iShares ETF (IBIT) recorded the largest inflow with 6,356 ETH ($16.13 million), holding a total of 1,513,131 ETH ($4 billion). However, the Invesco Galaxy Ethereum ETF experienced an outflow of 543 ETH. Grayscale Ethereum Trust and Ethereum Mini Trust lost 78 ETH and 2 ETH, respectively. Other ETFs recorded zero inflows. 

What Does Technical Analysis Say?

Ethereum (ETH) appears poised to finally break out of the bearish FVG zone it has been stuck in for days. If the daily close occurs above this zone, a strong rally toward $3,000 could begin after a retest. Today’s close is critical in this regard! However, if the level is not broken, the price will remain trapped in this zone, and up-and-down fluctuations will continue. Sharp moves could be seen this week; it’s worth paying attention to the close and volume. 

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The post Peter Brandt’s ETH Bombshell: Technical Analysis and Targets!  appeared first on Coin Engineer.

The Ethereum network has recently faced pressure to scale. Buterin pointed out that rushed decisions could harm decentralization. According to him, a slow and steady roadmap is essential. This plan will protect censorship resistance while allowing time for Ethereum Virtual Machine (EVM) improvements. Meanwhile, Vitalik said: 

“At this point, it will be good to take a breather and have a period to verify that we are doing okay on decentralization,” 

The stateless node technology will also protect user privacy during scaling. This technology enables the network to operate faster and more securely. 

Buterin Clarifies Ethereum’s Scaling Plan

Buterin’s 10X scaling plan will increase Ethereum’s transaction capacity and reduce gas fees. This development is reigniting interest among institutional investors. 

Ethereum researcher Dankrad Feist warns that if the network does not scale 100X in the next five years, risks will increase. However, Buterin believes rapid scaling carries risks. According to him, ensuring the network’s resilience comes first. The plan aims to reduce network delays, improve performance, and protect privacy. Decentralization metrics will be closely monitored and updated as needed. 

On the corporate front, Buterin Clarifies Ethereum’s Scaling Plan is preparing a $2 billion investment in Ethereum through BTSC and various ETFs. This move boosts institutional confidence. 

ETH price aims to recover losses from the first quarter of 2025 and reach $3,000. 

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The post Vitalik Buterin: We Will Scale Ethereum 10x Within 1 Year appeared first on Coin Engineer.