Ethereum seems to be gearing up for a huge rally, despite the what I call 'Bearish Propaganda' in the news and permeating throughout social media crypto influencer discourse, calling for a 12-15 month bear market.
We see Ethereum bouncing off the lower trend line (demand line) of the approx. 5 year pennant formation on the weekly timeframe.
In addition, we have weekly hidden bullish divergence between the weekly MACD and weekly price action. Couple these 2 facts together, along w/ QT ending the 1st of Dec. 2025 and QE via liquidity injections coming soon, I find it hard to believe that Ethereum alongside major cap alt-coins will not rally.
This could turn into the most hated bull rally we've seen since crypto's inception.
Keep an eye on the charts!
We see Ethereum bouncing off the lower trend line (demand line) of the approx. 5 year pennant formation on the weekly timeframe.
In addition, we have weekly hidden bullish divergence between the weekly MACD and weekly price action. Couple these 2 facts together, along w/ QT ending the 1st of Dec. 2025 and QE via liquidity injections coming soon, I find it hard to believe that Ethereum alongside major cap alt-coins will not rally.
This could turn into the most hated bull rally we've seen since crypto's inception.
Keep an eye on the charts!
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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.