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This Chart Screams $10k and Altseason 👀
The last time this weekly bullish divergence showed up was in 2020
And after that, it moved over 40X to reach ATH
Now, we will be a little conservative and take our target for $10,000
I know, the chart looks boring right now.
ETH has corrected hard from the 2025 highs, sentiment is exhausted, and most traders are treating every bounce like another exit opportunity.
But the weekly chart is quietly doing something important.
It is showing a bullish divergence.
Price has been making lower lows.
Weekly RSI is making higher lows.
That means the selling pressure is still visible on price, but momentum is already improving underneath.
This is exactly what happened before the 2020 altseason.
Back then, ETH looked dead for months.
Retail ignored it.
Bitcoin was getting most of the attention.
But while price was stuck in a slow range, weekly momentum had already started turning upward.
Then the market finally caught up.
ETH went from a boring accumulation structure to one of the strongest moves of the entire cycle.
Now we are seeing a similar setup again.
→ PRICE LOOKS WEAK
That is what makes people lose interest.
Most investors only return after the breakout has already happened.
→ MOMENTUM LOOKS STRONGER
The weekly RSI is refusing to follow price lower.
That tells us sellers may be losing control before price confirms it.
→ THE SETUP LOOKS EARLY
The best ETH moves have never started when everyone felt bullish.
They started when the chart looked damaged, boring and impossible to trust.
This does not mean ETH goes straight to $10,000 tomorrow.
But it does mean the market may be building the same kind of base that created the last major altseason.
The crowd wants confirmation.
The chart is showing preparation.
And if this divergence plays out like 2020, Ethereum may not just recover.
It may lead the next altcoin expansion.
The road to $10,000 ETH starts when nobody believes in the road.