The market is shaking but nothing truly changes. Ethereum is on a path that will end with a price above $10,000 USD. Ether (ETHUSDT) can easily trade at $11,111, $15,000 or even $19,000 in the latter part of 2025. Think about the market conditions and sentiment when Ether trades above 10K. Take a moment to think. Visualize. What do you see, hear, sense or feel?
The low was set March 10. Ethereum has been bearish since March 2024. 11-March 2024 was the main and first peak. 10-March 2025 was the main bottom and low.
An entire year of bearish action. The market never moves straight down nor straight up. The bullish action in late 2024 is part of a complex correction. It can be called an inverted correction within a long-term correction.
The last bear-market ended with a bottom being hit June 2022. This was followed by slow but steady growth; bullish consolidation. Prices were sideways but producing higher lows. Then a bullish wave developed to end 2023 and went through March 2024. March 2024 marked the end of this cycle and the start of a major, long-term complex correction. This correction ended last month. The end of the correction marks the start of the next bull-market cycle. The 2025 bull-market. This bull-market is not yet fully obvious but it will be clear within less than 2 months. There will be growth but for the majority of the participants to realize that yes, it is happening, it will take even longer.
Altcoins Market In General
Some projects bottomed in February, others in March. Most of them ended their correction in February 2025, there are always variations. This low is a long-term higher low. Many projects bottomed in late 2024. After a strong rise to end the year, we had a correction and this puts us in the current situation. Once the correction ends (already over) a new bullish impulse starts. The bullish impulse is composed of five waves. Three moves forward with two steps back.
➢ The first wave is up and green. Wave 1. ➢ The second wave is down and red. Wave 2. ➢ The third wave is the biggest wave. This wave tends to produce the highest volume and lots of momentum. Up and green. Wave 3. ➢ The fourth wave will be down and red and it will alternate the second wave. For example, if the second wave is long in duration, the fourth wave will be short. If the second wave is fast, the fourth wave will be slow. Etc. Wave 4. ➢ The fifth wave signals the end of the bullish impulse and this is the speculative wave. This is where anything is possible. Anything can happen within this wave. Trading volume will be lower compared to the third wave but new All-Time Highs are hit here and after this wave is over, the start of a new long-term correction or bear-market. Wave 5.
This is the map based on Elliot Wave Theory terminology. Everything is looking ready right now. Signals are starting to show pointing to the start of major growth. What one does, the rest follows. Look at EOS. I just shared an article. Visit my profile and read it for a simple and quick example.
Don't be surprised when Ethereum trades above $10,000. Be prepared. Take profits when prices are high and up. The time to buy is now. Focus on the long-term.
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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.