A recent has brought renewed focus to an analyst who accurately identified its local bottom. With from that region, the same market watcher has the next key levels that could determine Ethereum’s direction in the coming weeks.
Ethereum’s earlier decline unfolded through a series of , gradually weakening confidence in the uptrend. The first sign of trouble emerged when a bullish flag pattern broke down near the $3,700 level, cutting short expectations of continuation. This was followed by a more decisive shift as an ascending triangle failed, leading to a breakdown below the $3,000 support zone.
As the into the $2,000–$1,850 range, the analyst highlighted $1,800 as a critical level to watch. According to him, holding that level would likely trigger a recovery toward $2,650, while losing it could expose a deeper move toward $1,300, identified as a stronger accumulation zone.
Price action ultimately respected the bullish scenario. Ethereum stabilized within the $1,800–$1,900 range, where . From there, the market began to recover, delivering a gain of roughly 28% from the entry zone identified by the analyst.
Building on that accuracy, Ethereum reclaimed previously resistant levels. The analyst noted a bearish flag near $2,150 that eventually broke, signaling a short-term momentum shift. A move above $2,300 further strengthened the recovery, . The market’s trajectory ultimately confirmed the analyst’s call, proving his forecast precise and reliable.
Attention has now shifted to a target identified by the analyst as the next likely area of interest: the Fair Value Gap (FVG) between $2,474 and $2,734. The analyst highlights this zone as a potential before making a more decisive move. According to him, a push above the upper boundary—particularly past $2,634—would increase the likelihood of a test toward $3,000.
That level is expected to act as a . While the recovery has been strong, overhead resistance remains, including prior support zones that have turned into resistance and a descending trendline visible on the chart. These factors suggest that any move into $3,000 will be closely contested.
At the same time, the analyst maintains is essential to preserving the current uptrend. A break below that level could weaken the structure and reintroduce downside risk.
By closely tracking price action, the analyst outlines what to expect next: a clear progression from breakdown to accumulation, now moving toward a potential expansion phase as Ethereum approaches its next major test.