At the beginning of the up-to-date week, Ethereum (ETH) -DRej as to the size of the cryptocurrency by market capitalization-a significant decrease, falling by almost 10% below the critical level of support of USD 2,500.

However, among this deterioration of the outstanding cryptocurrency analyst, Doctor Proot identified four convincing stubborn indicators He suggests that Ethereum can be prepared for a revival, potentially approaching his everything, and even exceeding it.

Key indicators signal stubborn turnover

In the last post On X (previously Twitter), Dr. Profit shared the detailed long -term Ethereum analysis. He emphasizes that this assessment does not apply to brief -term noise or rapid profits, but focuses on the coming months.

“At the moment ETH is the best opportunity on the market,” he said, emphasizing key-technical, psychological and chain indicators-who supports his stubborn attitude.

Doctor Proot’s analysis is based on broadly extensive price data, with particular emphasis on high time signals, which usually indicate significant market movements. Here are the four main indicators that he presented:

200-week Interpretation average movable (EMA) Historically served as a key level of support for Ethereum. In previous market crises, such as the Covid disaster in 2020 and bears in 2022, the price increased rapidly after immersion below this key threshold.

Considering that a few weeks ago the price was only 4% of this support, the risk indicator for potential investments is convincing. Doctor Zysk estimates possible traffic in the direction of 8,000 to USD 10,000, which is about 200% growth, while the worst scenario offers only 20% of declines.

Doctor Profit sees the potential increases in Ethereum prices

The analyst continued to emphasize this Price ETH It trends within the long-term growing channel, now approaching the lower border-historically favorable entry point for investors.

Doctor Profit expects a breakthrough from this channel in the coming months, focused on a rating of USD 4000, a level that is a lot of repayments.

The analyst, however, ensures that every unsuccessful attempt brings the price of Ethereum to the final breakthrough, and potential goals reach up to 8,000 to USD 10,000.

One of the most crucial currently forming patterns is a weekly growing triangle. This pattern was consolidation From 2020, indicating a solid configuration of the stubborn.

Doctor Zysk notes that he is moving from such patterns, often leads to significant price extensions, as is the latest trends observed in XRP. The implications of this formation suggest that Ethereum may be on the edge of a powerful movement up.

There is a significant liquidity zone around the region worth USD 4000, perfectly equalizing both the expected breakthrough from the growing channel and the growing triangle.

According to the analyst Movement up.

Despite the current bear surrounding Ethereum, characterized by a lack of retail interest and high fear, the Dr. Zysk emphasizes that institutional accumulation is growing.

Record bases for Ethereum (ETF) rotary funds and significant withdrawals in the chain additionally indicate that larger investors are positioning for future profits.

ETH is currently $ 2,420, up to 10% in the last 24 hours and last week.

A distinguished painting with Dall-E, chart from tradingview.com