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Ethereum Is Dead... Until Its Not

Oct 30, 2024
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Cross-post from Digital Asset Research
Today, I feel the need to remind people of how the cycle actually works. The amount of people asking me about "whats going on with eth?" today alone is ridiculous. We published this report not even a month ago and nothing has changed. We were one of, if not the only, cycle analysts that repeatedly told you that the BTC cycle was right on track from a time perspective regardless of how high price went early on. Many people cannot say that. Most people were calling for a left or right or north or south translated cycle whatever you want to call it. Today, I am telling you that ETH will stage a rally the likes of which it has never seen starting in December. 16k ETH? 20k? This time is not different. -
Digital Asset Research

Today we do a quick dive into the current state of Ethereum (ETH) amidst the bull run, explaining why ETH has been undervalued despite being structurally sound. We also explore Bitcoin dominance, the altcoin cycle, and historical trends, pointing to a probable start for ETH’s next big rally.

We show key technical indicators signaling ETH’s potential for a major upward move, with similar previous setups resulting in a 170% markup in price.

This could bring ETH close to $6,000 sometime around January. With Ethereum sentiment at an extreme negative it still maintains key support levels, and remains a strong signal for the upcoming alt season.

Finally, one last chart I should have put in the video for your consideration. From a time range perspective, 26 weeks top to bottom on both time frames. History rhymes.

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Digital Asset Research
Digital Asset Research