๐ช $ETH has been trading in the 1โ5k$ range for 5 years, and I believe this is just one large accumulation โ a flat ABC correction
I am currently looking at this ascending channel within this gigantic accumulation and think that this year ETH will break the channel support ๐
This will be the final capitulation we need to finish the bear market๐ป
My downside target for ETH for 2026 has not changed - 1000โ1300$ (buy zone).It is possible the price will go even lower and test the 2022 low, but I am not counting on that.
๐ฏ Bull market targets 2027โ2029: 7.7k$ โ 9.9k$ โ 14k$
๐ช ETH has been trading in the 1โ5k$ range for 5 years, and I believe this is just one large accumulation โ a flat ABC correction
I am currently looking at this ascending channel within this gigantic accumulation and think that this year ETH will break the channel support ๐
This will be the final capitulation we need to finish the bear market ๐ป
My downside target for ETH for 2026 has not changed - 1000โ1300$ (buy zone).It is possible the price will go even lower and test the 2022 low, but I am not counting on that.
