If I say that the local bottom for ETH is already in nobody would believe it, anyways, structurally a reclaim of 2,100 with a nice weekly close would likely generate a market rally into the summer, back to 2,800–3,000. At that point, the market will decide whether the 4-year cycle is still in play or not.
The majority already know my take and I don’t think the 4-year cycle exists anymore. For now however the market still looks like it does, simply because price action has played out so far like a normal cycle, yet we will find out in the summer once we reach 2,800–3,000, from there we will see a small pullback to maintain another higher low either around 2,500 or back to 2,100–2,200.
At this stage it barely matters where the pullback happens. What matters is that those levels hold by that time, and then price breaks 2,800–3,000 pushing toward a new ATH, and I think that’s the most likely scenario based on how the structure is presenting right now, as well as a few macro setups I follow that correlate with the same idea the 4-year cycle will no longer be respected atleast not for crypto.
By the time everyone is waiting to buy the lows, they’ll be forced to buy much higher than current prices after realizing the market is holding stronger than a typical bear market. Also as mentioned 2,800–3,000 is the barrier between selling pressure and buying pressure, after breaking it I don’t think we’ll stop again at 4,000 quite the opposite we’ll likely break through it and reaching 14k–20k by mid to late 2028, with small intra range resistance around 6,500–8,000 and few more small levels.
