Ethereum is retesting the broken trendline and is likely setting up for another leg higher. Unless there is persistent pricing below $4,000, this selloff is likely to become a buying opportunity for those who missed the earlier rally.
Our year-end (or end of the first quarter of 2026) target above $7,000 still stands. The main risk is a potential selloff in the US stock market, which could drag crypto lower if the correlation remains intact.
Our year-end (or end of the first quarter of 2026) target above $7,000 still stands. The main risk is a potential selloff in the US stock market, which could drag crypto lower if the correlation remains intact.
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Ether is up more than 20% from the retest and 50% more to go from here if our cycle top target reached. It will be total of 80% from the signal if it reached. 
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Disclaimer
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.