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After barely above $3,000 yesterday, Ethereum (ETH) fell below this benchmark amid broader market volatility.
Analysts are now assessing where Ethereum could find its bottom. Based on technical analysis, data on the chain, and the theory of the market cycle, several scenarios emerged that indicate how the next big movement of ETH could develop.
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Analysts Outline Bottom Line Scenarios for Ethereum
Ethereum’s recent price action reflects the uncertainty surrounding the broader cryptocurrency market as geopolitical tensions bring Escalating and relieving to noticeable fluctuations.
According to data from BeInCrypto Markets, the second largest cryptocurrency fell by 1.67% in the last 24 hours. At the time of writing, Ethereum is trading at $2,970.87.
suggests Analyst Ted Bellows says a successful move above the $3,000 to $3,050 range could open the way to the $3,200 area. However, failure to regain this zone could expose Ethereum to new annual lows.
In the midst of these circumstances, other analysts are also presenting their basic assumptions for Ethereum. An analyst from CryptoQuant CW8900 noted that the realized price of Ethereum accumulator addresses, a metric that reflects the average cost at which long-term holders purchased ETH, continues to rise and is now approaching the spot market price.
This trend indicates that large investors, often called whales, They always add to their positions Instead of going out.
“In addition, the price obtained is a strong level of support for the whales of accumulation,” said the analysis.
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The analyst added that Ethereum did not trade below this cost base, suggesting that whales tend to defend this price zone through increased buying activity. Based on this data, CW estimates that even if Ethereum sees further declines, a potential bottom could form around $2,720.
“In other words, even if there are more pullbacks, the bottom will probably be around 2.72K. This represents a difference of about 7% from the current price.” I wrote CW.
Technically, He declared Trader Kamran Asghar said that ETH has formed a third “huge weekly fund that is planned for the future”. The previous formations were followed by the price increase, which may indicate more upside.
On higher timeframes, other analysts point to similar reversal structures. According to Bit Bull analyst, ETH appears to be forming a double bottom structure, along with a head and back reversal pattern on the monthly chart. Both are commonly seen as bullish reversal signals in technical analysis.
“I think ETH will surprise everyone in 2026,” Pitbull.
Finally, analyst Matthew Hyland pointed to historical cycle patterns. He noted that Ethereum may be moving to a new phase of its market structure.
This approach holds that Ethereum follows a 3.5 year pattern, Unlike Bitcoin’s halving cycle, which lasts four years . male The analyst expects the cyclical bottom to form in the fourth quarter of 2025.
“The 3.5-year cycle falls in months 40-42 after making new all-time highs as in the previous two cycles. The next cycle for ETH has begun.” He said.
In general, the opinions of analysts remain mixed, but several indicators suggest that Ethereum may be approaching an important turning point. While short-term volatility continues, data on the chain, technical structures and historical cycle patterns point to areas where a decline may attract renewed demand, which could pave the way for Ethereum’s next directional move.
