Key results:

• Party pattern on the ETH chart provides a rally to USD 10,000, from USD 5000 as a level of critical resistance.

• Analysts emphasize that low -term variability can precede the long -term phase of the stubborn expansion of ETH.

• The rally to USD 5,100 can cause $ 5 billion in the liquidation of low positions.

Ether (ETH) still flashes stubborn technical signals with Jelle cryptographic analyst Highlighting “Megaphone pattern” on a weekly chart, which is focused on a sign of USD 10,000.

The megaphone, also known as the expanding formation, represents the expansion of price fluctuations at gradually higher levels and lower low. Confirmed breakthrough above resistance often leads to explosive rallies, but the structure can also become bear if the shoot stops.

Currently, $ 5,000 is immediate resistance. Extending the position above this level would eliminate the estimates $ 5 billion In cumulative low positions, potentially extension of the megaphone rally.

Lack of $ 5000 threshold can cause withdrawal towards a 12-week-old straight movable average (SMA, blue line) near $ 3500 or lower pattern support at $ 3,000, which coincides with 25-week SMA (orange line). Confirmation of volume is of key importance, because needy share increases the risk of a false breakthrough.

Crypto trader Merlin emphasized The possibility of a stubborn breakthrough and pointed out that ETH faces a dense sales wall near $ 5,100, “they dream of such a whaler level.”

The trader expects the liquidity in this zone to act as a magnet, setting up excessive lines of shorts. “Play Hunter, not hunting,” Merlijn noted, suggesting that whales can lead the price to this liquidity pocket.

Related: Best Ethereum month in the history of the price ETH 7,000 USD within range

Analysts say ETH may remain “stubborn for years”

While low -term swings dominate in a market conversation, technical analyst Jackis he argued That Eth is “incredibly stubborn for many years”, noticing that assets have recently exploded from a 4.5-year scope of institutional accumulation.

According to the analyst, the previous four -year cycle successfully ended in December 2024, paving the way for a novel period of structural expansion.

However, Jackis warns against possible intra -fed shakeuts against the next higher leg. Eth has faced many rejection of its highest levels and is currently testing its sixth diagonal resistance to the trend line, levels that historically tend to crack after repeated attempts.

A deeper repetition of support, like a Bitcoin correction in the amount of USD 25,000 in mid -20123, can cause a sale driven with fear of resuming a higher level of growth. You should also follow the correlation between Bitcoins and Ether.

According to ecoinometry, despite the recent implementation of ETH, it remains strongly correlated with BTC. In the post X Platform for Market Analysis he saidIN

“ETH lasts better than BTC in terms of prices, but the correlation tells a different story. In the last five years, ETH correlation with BTC was on average above 0.8, and today it is at this level.”

Jackis emphasizes that even in the case of low -term corrections, high time perspectives remain intact. Constant acceptance above 2021 of all time of $ 4,880 would signal immediate continuation.

Related: Blackrock Bitcoin Etf Holdings on Entake Coinbase, Binance; ETH can be next

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.