I noticed an interesting pattern on Ethereum's weekly charts. It seems that the cycles are indeed aligning as described in various analysis charts — and this could indicate serious growth potential.



This alignment chart shows that ETH bounced off support around $1,894 and remains within a long-term upward channel. History repeats itself: every time the price drops to the lower boundary, a strong recovery follows. Peaks near $4,055 and $4,833 formed close to the top line of the channel, while local lows held at the support level of $1,565. The structure is too clean to be a coincidence.

On the weekly timeframe, an expanding wedge formation is visible. The price fluctuates between Fibonacci retracement levels of 0.86 and sequential points that now indicate the correction is nearing its end. The expected move upward should target around $5,400 — which aligns with the expanding volatility profile. If demand absorbs at this structural level, the price could continue moving toward the target of $5,900.

The most interesting part is the cyclical pattern. The stochastic oscillator on weekly charts has shifted into a zone that historically coincided with previous macro minima. This is not a structural deterioration but a reset of momentum before a change in direction. The temporal symmetry of the cycles confirms that the current position corresponds to transitional periods, after which a directional rise followed.

Currently, ETH is trading in the lower part of the macrostructure, but the structural integrity remains intact. The price respects support, and each test of the bottom looks like accumulation before an impulse. If this pattern repeats, the forecast of $5,900 seems justified — this is not exponential expansion but a logical continuation within the established channel.

So far, all signs indicate that the cycles are indeed aligning. Watching how the price behaves at the support level will be a key signal to confirm a bullish pattern.
ETH-4.3%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin