I just completed my next analysis — this time, I chose Ethereum (ETH).
Why ETH?
Because it’s part of the upcoming Grayscale ETF, already has low-to-mid institutional flow through its own ETFs, and holds the "silver status" among cryptocurrencies due to its advanced technology.
However, the complexity of smart contracts and ETH's broad, sometimes obscure purpose can be seen as drawbacks. Its functionalities are spread across many layers, unlike Bitcoin’s simplicity and clear value proposition.
Screenshot 1:
General Market Analysis
I drew a Fibonacci retracement from the lowest recorded price (around 0.61) to the highest historical price. This gave me the current Fibonacci levels we’re observing. I focused the analysis on a 12-month window, from September to the present.
An interesting pattern emerged. Just like Fibonacci’s presence in nature — snail shells, hair swirl patterns, sea shells — Fibonacci retracement levels reflect cyclical behavior. That is, many things in our world follow recurring patterns.
I identified three price zones where the market began pricing ETH with the 0.5 Fib level as the midpoint:
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In the first instance, price entered this zone and exploded upward.
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In the second instance, it entered again — another strong breakout.
We also notice that these breakouts coincide with short-term moving averages crossing above the 200-period MA.
Additionally, there’s an attempt to break through the Fib resistance at $3,868.58, which suggests — and increases the likelihood — that the price depression of 2025 (below $1,800) may have been a moment of market accumulation, building momentum for a potential breakout.
Two trendlines were also drawn:
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A macro downtrend line (LTB) from 2024, which is now being tested.
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A micro uptrend line (LTA) that began in April and remains intact.
Screenshot 2:
Short-Term Analysis
Zooming in and mapping the trendlines, we see ETH forming a bullish flag pattern, with the price closer to breaking above resistance than falling to support.
Holding above the 0.5 Fibonacci level further reinforces that the market is approaching the end of this consolidation phase.
We also observe that only one short-term moving average has crossed the 200MA, while the other three are very close to doing so.
The RSI remains neutral, suggesting price equilibrium and increasing the probability of consolidation until a breakout is triggered by psychological levels and market momentum.
My Recommendations of possible scenarios
Within the next 1 to 5 days, we should have clarity: either a breakout above resistance, continuing the cyclical pattern, or a breakdown.
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❌ If price falls below the downtrend line (LTB), we wait for further analysis.
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✅ If price breaks out and begins forming strong bullish candles, a short-term position may be considered — and potentially even a medium-term one.
Potential Targets:
• Short term: $2,600
• Medium term (3 to 6 months): $3,800
⚠️ Important Note:
*This is not financial advice. This study is based on technical analysis and historical cycle patterns. Invest wisely.*
📌 *Analyses, signals, and strategies focused on precision, ethics, and deep market insight.*
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