gm,
i wanted to share a slightly more in depth analysis of my take on ethereum, and why i believe it will go up to a minimum of 27k into 2026.
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i will start with the basics,
ethereum has been consolidating for at least 1300 days (in what i am calling a triangle)
> 1500 days in total, with the structure which came after it.
that's a very long consolidation. normally i would assume that this is merely a distribution phase, but a closer look on chain uncovers a different story:
from the start of the consolidation, which begun at the last cycle bear market highs, very large entities begun to accumulate ethereum. we refer to these as institutions. and their accumulation has only rapidly continued into the present day moment. they have accumulated so much coin, that the balance on exchanges sits at a 9 year low.
now, this is basic math right here,
if demand is high and supply is low = price goes up.
---
anyone saying we're in a bear market right now is trippin'
we are seeing large scale institutional interest from institutions worth 100 trillion dollas collectively, and they are just getting started. once supply dries up, price will begin to teleport like you have never seen before. (in theory)
---
now, let's talk about the elliott wave theory basics.
from ethereums inception, on a monthly scale, it came up from the lows in what i'm counting a (1)-(2), 1-2. a bullish nest is generally what we refer to this kind of formation, and it often creates a large wave (3), which it did.
i believe the wave (3) high was at the last bear market highs (in 2021), and everything after has been a massive wave (4) which i have chosen to label as a triangle. (this structure could also be labeled as a sharp double zig-zag if you refer to the contract adjusted ethereum future). but to keep it simple, it's a sideways correction which lasts 1500 days.
---
when something bull flags for 4 years, with large scale accumulation, it is assumed that the breakout will be parabolic, generational, extraordinary.
which is why i am targeting the largest distance of the triangle projected above it.
a sweet target of 27k, with a possibility to wick 40k+ on the final euphoria phase before i will indeed assume that the top is in.
---
bear markets often begin when nobody expects them, not when everyone calls for them.
---
🎯 = 27k
i wanted to share a slightly more in depth analysis of my take on ethereum, and why i believe it will go up to a minimum of 27k into 2026.
---
i will start with the basics,
ethereum has been consolidating for at least 1300 days (in what i am calling a triangle)
> 1500 days in total, with the structure which came after it.
that's a very long consolidation. normally i would assume that this is merely a distribution phase, but a closer look on chain uncovers a different story:
from the start of the consolidation, which begun at the last cycle bear market highs, very large entities begun to accumulate ethereum. we refer to these as institutions. and their accumulation has only rapidly continued into the present day moment. they have accumulated so much coin, that the balance on exchanges sits at a 9 year low.
now, this is basic math right here,
if demand is high and supply is low = price goes up.
---
anyone saying we're in a bear market right now is trippin'
we are seeing large scale institutional interest from institutions worth 100 trillion dollas collectively, and they are just getting started. once supply dries up, price will begin to teleport like you have never seen before. (in theory)
---
now, let's talk about the elliott wave theory basics.
from ethereums inception, on a monthly scale, it came up from the lows in what i'm counting a (1)-(2), 1-2. a bullish nest is generally what we refer to this kind of formation, and it often creates a large wave (3), which it did.
i believe the wave (3) high was at the last bear market highs (in 2021), and everything after has been a massive wave (4) which i have chosen to label as a triangle. (this structure could also be labeled as a sharp double zig-zag if you refer to the contract adjusted ethereum future). but to keep it simple, it's a sideways correction which lasts 1500 days.
---
when something bull flags for 4 years, with large scale accumulation, it is assumed that the breakout will be parabolic, generational, extraordinary.
which is why i am targeting the largest distance of the triangle projected above it.
a sweet target of 27k, with a possibility to wick 40k+ on the final euphoria phase before i will indeed assume that the top is in.
---
bear markets often begin when nobody expects them, not when everyone calls for them.
---
🎯 = 27k
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.