Assuming the markets take a breather and crypto also finds a bid, I'd see this possible scenario. The ugly stuff first, the death cross has already happened, ETH is in a downtrend with not much air to breathe. A falling wedge has formed that could break to the upside.
If the market has legs and doesn't correct further for a while, then I would see a relief rally in equities. If the FED cuts rates in May, I'd expect a continuation over the summer.
Still, I'd expect ETH to top out at around $2,400 (very optimistic) and bottom out at around $1,100 in winter/early 2026.
If the market has legs and doesn't correct further for a while, then I would see a relief rally in equities. If the FED cuts rates in May, I'd expect a continuation over the summer.
Still, I'd expect ETH to top out at around $2,400 (very optimistic) and bottom out at around $1,100 in winter/early 2026.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.