Brandt sets Ether sight on 8600 after clearing 5000 barrier

Veteran trader Peter Brandt posted a long-term Ether chart on September 21, drawn from CME futures data. It shows a potential run to 8600 dollars, but only once the token decisively breaks 5000.

At the current level near 2693 dollars, reaching the first milestone would require an 86 % climb, while the full target implies a 219 % advance from here.

Brandt stressed that sharing the chart does not count as a trade and demanded proof from anyone claiming to act on it. He has been active in commodities since 1976 and launched Factor Trading in 1980.

The same day, U.S. ETH-ETF funds recorded their largest single-day inflows since October 7, 2025.

Based on information from cryptonews.net