Ether must clear $5,000 before Peter Brandt’s $8,600 chart target comes into play
- Peter Brandt’s long-term Ether chart implies an eventual move to $8,600.
- The move depends on ETH first clearing $5,000, about 86% above its current price.
- Brandt wrote that presenting a chart is not a trade.
Peter Brandt’s long-term Ether chart has a target of $8,600, but only if ETH breaks $5,000.
The token is trading near $2,693, which means the first hurdle alone is about 86% higher.
CME futures mark the top line at $8,674.50
The chart, which was based on CME Ether futures, was posted on X by Brandt on September 21. It reads $8,674.50, but he rounds it down to $8,600.
“It implies an eventual move to 8,600 once 5,000 is handled,” Brandt wrote. He did not give a date or timetable for the forecast.
From $2,693 to $5,000 takes a gain of about 86%. The full route to $8,600 means a rise of about 219%.
The closer picture begins at $3,000, the first short-term resistance. ETH has climbed from approximately $2,360 earlier in September.
Then there’s the $5,000 threshold Brandt uses as the gate. The target is $8,600, another 72% from a $5,000 print.
The same no-trade caveat covered XRP’s $5.40 path
“A claim of a ‘call’ or simple presentation of a chart is NOT a trade,” Brandt wrote. People who claim trades need to provide proof, he added.
“An X post is NOT proof,” he said.
He gave the same caveat on another long-term XRP chart the same day, which charted a path to $5.40, Cryptopolitan reported.
Brandt has been trading commodities since 1976 and founded Factor Trading in 1980.
Cryptopolitan reports that on September 21, US spot Ether ETFs experienced the biggest single-day inflow since October 7, 2025.
The haul came to around $270 million.
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FAQs
What price does Peter Brandt see for Ethereum?
His long-term chart implies an eventual move to $8,600, marked at $8,674.50.
What has to happen before the $8,600 target is in play?
Ether must first clear $5,000, about 86% above its current price near $2,693.
Did Peter Brandt tell people to buy Ether?
No. Brandt wrote that a chart presentation "is NOT a trade" and set no timeline.
Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Randa Moses
Randa Moses is an editor and reporter at Cryptopolitan covering tech, AI, robotics, crypto, scams, and hacks. She has worked in the crypto space since 2017. She held roles at Forward Protocol, AmaZix, and Cryptosomniac. Randa holds a degree in Electrical and Electronics Engineering from the University of Bradford.
