Technical analysis of the three-week chart outlook shows ETH reaching the top of a golden triangle formation that has survived the Covid crash, the 2022 bear market, and the 2026 ongoing correction. According to the analyst who first identified it, what happens next at the top of that structure could determine Ethereum’s trajectory for years to come.
Ethereum’s nine-year structure
Ethereum’s three-week candlestick chart highlights a long ascending support line that starts at the early lows of the market cycle and extends all the way to the 2020 Covid crash, the 2022 bear market. and the last correction since August 2025’s all-time high of $4,946.
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The upper limit of the formation is a horizontal trendline, around $4,800 to $4,900. Ethereum has struggled with that horizontal resistance, including during the 2021 peak and again during the return to record highs. However, the lower bound has been the most important part of the structure because it has defined the larger bull market trend for almost a decade.
Every major recession has tested the trend, but also the structure isn’t broken yet with a close below the supporting trendline with a 3-week candlestick. Therefore, its current position on the chart is more than just another routine support test. According to a crypto analyst who goes by the name Crypto Tice on X, this is the moment of the truth. The triangle has survived everything the market has thrown at it, but nothing it has faced compares to what it faces today.
Where Ethereum is Going from the Golden Triangle
The Golden Triangle now leaves Ethereum with two scenarios. The first is the bullish path, which depends on whether ETH continues to hold its long-term rising support line. The key breakdown level is at $1,950, meaning Ethereum still needs to close the current three-week candlestick above this level to keep the nine-year structure alive.
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A successful hold above $1,950 would keep Ethereum inside the triangle and give bulls a chance to push the price back into the higher range of the structure. From there, the next important thing price point to look at is $4,350. That would turn the defensive setup into a breakout structure, with analyst Crypto Tice’s expected target at $10,000.
The second The scenario is bearish. A breakout and multiple candlestick closes below $1,950 would far outweigh a normal pullback as it would push Ethereum below the rising support that carried the market through the Covid crash and 2022 bear market. Such a move would negate the golden triangle theorem and imply that the nine-year bullish structure has finally failed.
At the time of writing, Ethereum is trading at $1,575, down 6% and 22% in the past 24 hours and seven days, respectively. However, there is still time for Ethereum to rise above $1,950 before the end of June.
Featured image from iStock, chart from Tradingview.com