Main takeout:
Ether Price printed Doji CandleStick, a rare monthly bed.
ETH is testing the long -term parabolic zone before the historic 2017 rally.
The MVRV Z-Score enters the accumulation area and is associated with signaling.
Ether (Ether), an indigenous token of Ether Leeum, gained more than 25,000% of the combination of technology and whole chain signals found in the early stages of Bulron in 2017.
Dragonfly Hint ETH BULLS is restoring control
Ether is flashing a rare dragonfly candlestick on a monthly chart, which is the same structure as it was before the 25,000% rally during the 2017 Bull cycle.
This pattern is confirmed when the price is long, the wick is long and the wick is almost or at all, and when it is closed at the opening or nearby.
In ETHER’s monthly chart, the candlestick reflects the internal rejection of the wing for low prices, suggesting that the bull has begun to restore control after an extended decline.
In December 2016, Ether Leeum organized a similar monthly dragonfly to the same month before the eruption of less than $ 6 to $ 1,400 for a year. In 2021 and 2023, the same pattern was the same, and ETH received more than 80% and 145%, respectively.
If Bulls confirmed a strong signal, especially if the April is about $ 1,950 or more, Ethereum can start running for the first time for the first time, and can be primary for another multimontral rally.
Ether Leeum tests long -term parabolic support as in 2017.
Chart list MERLIJN The Trader pointed out Etherrium and consistently played long -term parabolic support (green zones of the chart below) as a launch pad for a new rise.
“In all cycles, this area causes reversal. This is no different.” He added on April 30’s post as follows:
“Ether Leeum’s most explosive rally begins.”
In early 2017, ETH popped out of the same parabolic trend line at the initial brake out stage. The trend line supported ETH throughout the year, providing fuel from about $ 6 to $ 1,400.
relevant: Ethereum’s ‘Capitulation’ suggests that the ETH price is low.
The current re -testing of 2025 suggests that periodic patterns can be repeated by starting the breakout setting.
Onchain data refers to the ICO-ERA style EXCUMUMUMUMULATION emotional.
MVRV Z-Score of the main onchain metrics, which is used to identify the market tower and the floor, has reinforced the claim that ETH may have found a cycle floor by entering the historical accumulation area (green band of the chart below).
In the past, Ether Lee’s MVRV Z-Score fell to this green area in late March 2018, late March 2020 and mid-2012. All of these dips are consistent with the market floor and are ahead of many years of meetings.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.