Elon Musk-backed Grok AI predicts Ethereum (ETH) could reach $12,000 by January 1, 2027 if a full-blown crypto bull market returns in Q4 2026. ETH is currently trading near $2,600-$2,725. This optimistic outlook hinges on strong risk-on conditions, improved macro liquidity, and sustained institutional demand. Technical analysis confirms that a sustained break above the $2,700-$2,800 resistance area would target $8,000-$12,000, with a central target of $10,000-$11,000. Key support to hold is the $2,300-$2,500 demand zone.
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