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🪙 $ETH has been trading in the 1–5k$ range for 5 years, and I believe this is just one large accumulation — a flat ABC correction
I am currently looking at this ascending channel within this gigantic accumulation and think that this year ETH will break the channel support 📉
This will be the final capitulation we need to finish the bear market🐻
My downside target for ETH for 2026 has not changed - 1000–1300$ (buy zone).It is possible the price will go even lower and test the 2022 low, but I am not counting on that.
🎯 Bull market targets 2027–2029: 7.7k$ – 9.9k$ – 14k$
🪙 ETH has been trading in the 1–5k$ range for 5 years, and I believe this is just one large accumulation — a flat ABC correction
I am currently looking at this ascending channel within this gigantic accumulation and think that this year ETH will break the channel support 📉
This will be the final capitulation we need to finish the bear market 🐻
My downside target for ETH for 2026 has not changed - 1000–1300$ (buy zone).It is possible the price will go even lower and test the 2022 low, but I am not counting on that.
#ETH | #Ethereum