Peter Brandt: ETH may rise to 8600 USD after breaking through 5000 USD

According to Bitcoin.com, veteran trader Peter Brandt stated that his long-term ETH chart shows that if ETH breaks through $5000, the price could eventually rise to $8600. The chart marks a higher target of $8674.5.

Brandt emphasized that publishing charts or making price judgments does not equate to actual trading, and those claiming to have completed trades must provide proof of trading. His commodity trading career began in 1976, and he founded Factor Trading Co. in 1980.