Is Ether Lee finally coming out? Analyst’s weight

The debate over whether ETH has reached the bottom has not ended among cryptocurrency analysts, especially after the recent achievement of the larger crypto market.

However, ETH recorded 28% rebounds in February and recovered at the lowest lowest $ 2,150, founded two weeks ago.

Let’s see how an analyst recognizes Ether Lee’s rapid price recovery.

ETH is heading for $ 10,000 next

Popular analyst Crypto Yodhha shared the chart that Ether Leeum was on the bottom according to the structure similar to the 2019-2020 cycle before 2,550% rally.

The main technical feature of the chart is the completion of the WXY correction pattern, which is a complex three wave correction structure of Elliott Wave theory.

This pattern generally forms W (initial drop), X (temporary relief rally) and Y (final corrective wave) before the new trend appears to signal the end of the long -term market recession.

relevant: Ether Leeum shows signs of life when the holder moves the ETH exchange:

Crypto Yodhha also emphasizes the range brake out scenario, and the ETH must find the upper limit of $ 4,600 to check the optimistic continuous continuation.

If you succeed, the price can be expected from 100,000 to $ 13,000 for the new record, along the previous cycle’s trajectory.

Ether Lee Rium bounces in an important “weekly demand” area

The analyst floor sniper Etherrium weekly chart emphasizes an important support area that can define whether ETH maintains a strong market structure.

The bottom sniper said, “The minimum of $ 880 in the bear market was between gold/purple lines, and 2025 LOW has confirmed critical support.”

This area is consistent with some major confluence points.

• 61.8% FIBONACCI RETRESSION (Wave 2 correction) -Dreebiting the level of strong support in the strong market structure.

• Weekly demand area -The area where the buyer has previously entered.

• SR (support resistance) flip -The current resistance level is now supporting.

If ETH Price exceeds the zone, you can check the bull market continuous for the new high that emphasized more than $ 4,000 in the chart above. Analyst TED Pillows also sees $ 4,000 as an Ether’s next goal.

Etter is going to be anywhere in the next few months.

Meanwhile, Traderxo’s Ethereum Daily chart suggests that ETH has previously returned to three months, including pricing measures from August to October 2024. This shows the bracket step that can be traded sideways until a clear brake out occurs.

In particular, the important level of support is $ 2,124 and acts as a historically powerful demand area. If ETH visits the support line again, it can attract buyers who want to take advantage of the potential rebound and potentially towards the previous range of $ 2,850.

Traderxo said, “I play the edge area and do nothing in between.

Analyst Mister Crypto, on the other hand, pointed out that Ether Lee has changed to about $ 2,124 and the next “big reversal” is:

Probability RSI gives hints at ETH Price Bottom.

Analyst TRADERPA quoted a classic probability -like -up intensity index (RSI) indicators, claiming that ether could float on Bitcoin after recovery in February.

In particular, the probability -based RSI indicator shows that ETH/BTC spent exactly two years or less, and historically, the ether price rose.

This chart emphasizes two previous instances of 2017-2019 and 2019-2021. Here, ETH/BTC has been in turmoil for two years before preparing for a large rally.

In both cases, Ether Leeum increased more than 260% for Bitcoin, causing a wider Altcoin strength. The current setting reflects the past cycle, and the next two -year strength is expected to begin until August 2025.

Therefore, when the fractal is played, ETH/BTC may be just before the constant rally.

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.