$ETH LONG TERM ANALYSIS + ALTSEASON 🚨
A lot of traders are getting bearish on $ETH right now, with many expecting a drop toward $1000 or even lower.
But based on my current analysis, that still doesn’t look like the most likely scenario.
Ethereum is currently defending a major long-term support zone. As long as this structure remains intact, I believe the realistic worst-case range sits around $1500-$1800 before a stronger recovery phase begins.
That recovery probably won’t happen instantly.
According to the current chart structure, $ETH could continue ranging between the short-term resistance zone and the worst-case support zone for the next few weeks, or even longer.
There is also a possibility that Ethereum revisits the worst-case zone sometime next month before attempting a proper reversal.
If that happens, I believe a gradual move toward TP1 during the 2026 cycle becomes highly possible.
I’m still not buying into unrealistic targets like $8000-$10,000 at this stage.
I prefer focusing on realistic ranges and market structure instead of pure hype.
And from this setup, TP1 looks achievable if market conditions remain supportive. We could even see that move develop within the next 3-4 months.
As for #Altseason, a strong Ethereum recovery from the support zone could trigger a solid rally across many altcoins as well.