Ethereum’s Last Chance: Let Jesus Take The Wheel

Apr 19

Ethereum’s price action over the course of this crypto bull run, and especially since the beginning of this year, 2025, has been nothing short of horrendous. It’s failed to hold almost every single important level that it needed to, to be able to keep pushing higher. This has caused almost all crypto investors and altcoin traders to pull their investments out, and drive the price even lower. At its current point, altcoin traders have lost all but 100% of the confidence they once had in it, and to retail investors, this is basically toxic waste once they see the losses that have been taken, it’s driving them away en masse.

With that being said, this is ETH’s final stand, it’s time to either show out, or go home with nothing to show for itself. It’s at a very critical support level right now, and if it breaks down below this, the trade will be cancelled. It’s just finished completing the ‘Jesus Take The Wheel’ pattern on the weekly & MONTHLY. This is an extremely high probability pattern, and could cause a blow-off top for Ethereum.

We also see that we got a Wykoff Pattern here, with the last one that we got around the $2k level being a fake out. The only other times it has printed aside from the last fake out, it has been the start of a bull run. ETH now has 6 weeks in total, or about 4 more weeks from now to start recovering old levels, and taking off to the moon.

I drew a bar pattern on the chart that I took from its original bullish pattern from the start of the 2013 bull run. I believe we’ll have a shortened cycle, and due to not having much time left to complete the bull run during this 4-year cycle, that’s all we will get. Thankfully, the price has been beaten down so much, that getting in now, will offer 1000% gains, in just about 6 months. This will be one of the most incredible feats in all of crypto.

Fear is at an all time high, and ETH has been teasing everyone with a bull run for months and even years now. We haven’t seen an all time high since 2021. Most investors will suffer from boredom exhaustion as well, and with the stock market also sinking, we could see a huge push once we recover some levels, for the masses to finally come into the market via Ethereum ETF’s, so they don’t have to actually risk any money moving crypto around. The boomers and traditional investors with stock accounts will be free to throw cash at these ETF’s and that’s what will give us our final pumps past all time highs, once the crypto traders all get back into the market, and get us to new ATH’s in the first place, and help us recover key levels.

One thing is clear: ETH needs to stop trying so hard to control its environment, it’s time to just let Jesus Take The Wheel 🚀

Apr 19

Note

Also need to mention that below on the MarketCipher B graph, we finally see the desired weekly momentum clipping upwards, and giving us a big green dot. It’s also done this every other time when we see the Wyckoff indicator fully play out. It’s showing a lot of strength and confluence currently.

Apr 22

Note

We’re starting to see movement upwards like we haven’t in a while! ETH might be ready to start heading towards its May $2k accumulation zone.

I forgot to mention previously that I do have a stop loss as well on this trade @ $1,350.00. Have to stay careful in these markets. ETH is looking very healthy today though, the best price action we’ve had for weeks if not months.

5 days ago

Note

We reclaimed $2k now finally on the 8th of May. I think we'll spend a good portion of this month here in the accumulation zone.

Once we re-establish this price firmly, we should be making our way up to $2,250 or so. I think it will most likely blast through this level, and then we'll see the pop up to $2.7-$2.8k and work on establishing that zone again.