Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

Price Ethereum could be prepared for another 100% move after printing candle capitulation


This article is also available in Spain.

Ethereum’s Price action in In the past seven days it has led to the creation of a capitulation candle that could send it to the second rise In the next eight to twelve weeks. This capitulant candle attracted the attention of the crypto analyst Ted pillow, who recorded an interesting pattern of capitulation for repetition for Ethereum.

According to the technical analysis of the TED pillow, Ethereum printed a capitulation candle in early 2025, just as in the first quarter of 2024 and in the third quarter of 2023.

Capitulation candles and historical samples of Ethereum

Tedpillows analysis emphasizes That the price of Ethereum has undergone three main capitulation events in the last two years, and all this has led to significant price jumps. In particular, these capitulation took place within a weekly candlestick frame, where Ethereum price testified in intensive pressure on sales throughout the week. However, the historical price of the Playaut shows that these capitulations have often marked the bottom before a huge price gathering.

Associated reading

The first such capitulation occurred in the Q1 2024 and eventually led to 100% rally in the next three months, with the price of Ethereum reached $ 3,950. The second capitulation occurred in Q3 2024, which led to a similar climb. Since Ethereum is now experiencing another moment of capitulation in early 2025, the analyst suggests that the sample has been set to repeat. Believes Ethereum again forms the bottom of the market, setting the stage For an aggressive move up.

Ethereum
Eth formation of a capitulation candle | Source: Ted pillows on x

Ethereum’s 100% price increase and potential top

If Ethereum follows its previous trajectory, the next eight to twelve weeks could bring a significant price increase, even if the leading Altcoin is currently fighting around $ 2,700. A 90% -100% pump after a recent capitulation would stimulate the price of Ethereum Past key resistance levels and above the current all time.

Associated reading

Tedpillows analysis suggests that Ethereum’s target goal after this capitulation could reach as much as $ 8,000. However, there is probably a significant resistance of close to $ 3,950, a level that has historically launched rejection in the past capitulation cycles. If Ethereum struggles to break through this barrier again, a temporary withdrawal may be on the horizon before any permanent shift.

In the meantime, the Spot Ethereum etf -Time attracts the heavyweights Despite the fall in the price of Ethereum. Institutional investors seem to exploit the decline and increase their ETH stakes in anticipation of the wider redemption on the market.

Spot Ethereum etfs they recorded $ 513.8 million inflow in the last six trade days, and Blackkkk has been compensated by buying an ETH worth $ 424.1 million. This constant accumulation of institutional owners suggests increasing confidence in Ethereum’s long -term potential and could lay the basis for the projected 100% rush in the next eight to twelve months.

At the time of writing, Ethereum is traded to $ 2,725, which is 4% in the last 24 hours.

Ethereum
ETH trading on $ 2,737 on 1D chart | Source: Ethusdt na TraditionView.com

Sepaled image Unsplash, a graph with a traditionview.com



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *