Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitwise CIO refers to progress for approval of XRP ETF

2025-06-06

A purchase option or warning sign?

2025-06-06

$ 1B Liquidation Bloodbath: Can Bitcoin hold $ 100k in the midst of Musk -Trump -Drama?

2025-06-06
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Moroccan researchers tap blockchain for diploma fraud prevention

    2025-06-06

    Kommunitas and Nativ Forge Alliance to transform Real-World digital economies

    2025-06-06

    Shards Protocol lands $ 2 million from Animoca, YGG to grow web3 Identity Layer

    2025-06-05

    Soonchain Fores Partnership with Rei Network to define web3 gaming

    2025-06-05

    Maskdao acquires Orb.Club, which unlocks virality in the chain to stimulate the creator economy

    2025-06-05
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Anthropic CEO calls for AI transparency, argues against Trump Bill’s decade-long state-controlling freezing

    2025-06-05

    Former Doge -Head Elon Musk tells Wetgevers to kill Trump’s ‘big, beautiful’ account

    2025-06-05

    Hong Kong Reading to legalize Bitcoin and Crypto derivatives in PURT to Web3 leadership

    2025-06-05

    US-based ETFs that set for growth, despite some regulatory, macro-tailwinds

    2025-06-04

    NYSE ARCA submits to mention Truth Social’s Spot Bitcoin ETF

    2025-06-03
  • Analysis

    A purchase option or warning sign?

    2025-06-06

    Circle makes Wall Street debut as the first major stablecoin -mittent on NYSE

    2025-06-06

    ZK-proof Blockchain Altcoin Lagrange (LA) is getting away after the announcement of new Coinbase support

    2025-06-05

    Successful retest of Breakout zone sets phase for the next leg higher

    2025-06-05

    Circle stock price Skyrockets 234% in less than 30 minutes, causing multiple commercial levels

    2025-06-05
  • Learn

    What Is Crypto Staking? A Beginner-Friendly Guide

    2025-06-05

    What Are Liquidity Pools? A Beginner’s Guide

    2025-06-05

    What Is Yield Farming and How Does It Work?

    2025-06-02

    What Is Asset Tokenization? How It Works and Why It’s Important

    2025-05-30

    What Is DeFi 2.0 and Why It Matters

    2025-05-27
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Ethereum is ready for the next big step: analysts share bullish target
Altcoins

Ethereum is ready for the next big step: analysts share bullish target

2025-01-22No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

This article is available in Spanish.

Ethereum (ETH) has underperformed in recent weeks, with price action leaving investors disappointed after last week’s sudden crash and increased volatility. Despite initial hopes for a recovery, ETH has struggled to regain momentum, trending downward since mid-December. This lack of bullish movement has investors eager for a surge that could pull Ethereum out of its current slump.

Related reading

Adding to the expectation, top analyst Carl Runefelt recently shared a technical analysis that suggested Ethereum may be preparing for its next major move. According to Runefelt, ETH forms a four-hour symmetrical triangle, a pattern often associated with periods of consolidation before a breakout. While the direction of the outbreak remains uncertain, the formation indicates that a decisive move could be on the horizon.

As Ethereum hovers near key levels, market participants are keeping a close eye on the triangle’s resolution. A breakout to the upside could reignite bullish sentiment, while a breakout could signal an ongoing battle for the largest altcoin. With the broader crypto market showing signs of recovery, the coming days will be crucial for Ethereum to prove its resilience and re-establish its position as the leading player in the space. All eyes are now on ETH’s next move.

Ethereum consolidates before a move

Ethereum is currently in a short-term consolidation phase, moving between key supply and demand levels as the market grapples with uncertainty. While analysts anticipate a big move, the direction remains unclear due to increased volatility and mixed sentiment among investors. ETH’s price action reflects a market in a wait-and-see mode, with traders keeping a close eye on key technical levels for signs of a breakout.

See also  Assessment of Solana's ecosystem as SOL drops 7% in 24 hours

Top analyst Carl Runefelt recently shared his technical analysis on Xhighlighting Ethereum’s preparation for its next major step. According to Runefelt, ETH forms a four-hour symmetrical triangle, a pattern that often precedes a decisive breakout. He noted that this setup entails both bullish and bearish scenarios depending on the direction of the breakout.

Ethereum forms a symmetrical triangle of 4 hours | Source: Carl Runefelt on X
Ethereum forms a symmetrical triangle of 4 hours | Source: Carl Runefelt on X

If ETH breaks above the triangle, the bullish target will be around $3,900, signaling the potential start of a new bullish phase. Conversely, a breakdown below the triangle would indicate a bearish target near $2,720, indicating further downtrend. Runefelt emphasized the importance of monitoring this pattern as it unfolds, as the outcome could set the tone for Ethereum’s next trend.

Related reading

With market sentiment still uncertain and volatility remaining high, Ethereum’s symmetrical triangle provides a clear framework for traders. Whether the breakout is upward or downward, it will likely mark the start of a major move that will determine Ethereum’s trajectory in the coming weeks. For now, investors are keeping a close eye on this critical technical formation.

Volatility driving the market

Ethereum is currently trading at $3,317 and navigating a market dominated by massive volatility. This increased price action has become the primary driving force behind speculation and uncertainty among traders. As Ethereum struggles to stabilize, staying above critical support levels is essential to maintain a bullish structure and avoid further downturn.

ETH Consolidates Among Major Offerings | Source: ETHUSDT chart on TradingView
ETH Consolidates Among Major Offerings | Source: ETHUSDT chart on TradingView

The $3,300 level has emerged as a key support point that bulls must defend to maintain momentum. If ETH can hold this target and emerge with strength above the USD 3,550 resistance, it could strengthen a bullish outlook and potentially lead to a stronger recovery. Breaking this level would also be a sign of renewed confidence among investors, opening the door for a more sustainable uptrend.

See also  Lido's new collaborations fail to make LDO see green - Why?

However, the uncertainty in the market also brings with it the risk of a deeper correction. Losing the psychological level of $3,000 could lead to additional selling pressure, leading to a dramatic decline and testing lower support zones. Such a move would test ETH’s resilience and likely extend its consolidation phase.

Related reading

While the market waits for clearer signals, Ethereum’s ability to stay above key levels will be closely watched. The coming days will be critical in determining whether ETH can maintain its structure or face further volatility and downward pressure.

Featured image of Dall-E, chart from TradingView.

Source link

Analysts Big Bullish Ethereum ready Share step Target
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitwise CIO refers to progress for approval of XRP ETF

2025-06-06

BNB – Signs of accumulation, but should traders wait for a dip instead?

2025-06-06

Can bulls defend this critical level of support?

2025-06-05

Doj closes 145 Bidencash sites: ‘No more anonymous’

2025-06-05
Add A Comment

Comments are closed.

Top Posts

Solo Bitcoin Miner Collects $200,000 Block Reward, How Did They Do That?

2023-10-30

Enable seamless investments with $ZETRIX integration

2024-12-26

Despite DOT’s demonstration, Polkadot is facing a roadblock

2023-09-16
Editors Picks

Ethereum – Price consolidates after pullback – is there a new move?

2025-03-27

Trump confirms the appointment of Paul Atkins as the new chairman of the SEC

2024-12-05

…Are we back (it feels like we’re back)?

2024-05-20

Chainlink hits bottom in 2024: should you buy LINK at a discount?

2024-08-04

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitwise CIO refers to progress for approval of XRP ETF

A purchase option or warning sign?

$ 1B Liquidation Bloodbath: Can Bitcoin hold $ 100k in the midst of Musk -Trump -Drama?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,600.77-2.46%
  • ethereumEthereum(ETH)$2,450.85-6.78%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.13-3.64%
  • binancecoinBNB(BNB)$640.20-4.08%
  • solanaSolana(SOL)$147.02-4.40%
  • usd-coinUSDC(USDC)$1.000.02%
  • tronTRON(TRX)$0.2768371.19%
  • dogecoinDogecoin(DOGE)$0.174821-8.12%
  • cardanoCardano(ADA)$0.64-5.98%
  • hyperliquidHyperliquid(HYPE)$34.52-2.72%
  • suiSui(SUI)$2.98-6.63%
  • chainlinkChainlink(LINK)$13.16-5.42%
  • stellarStellar(XLM)$0.260170-2.80%
  • avalanche-2Avalanche(AVAX)$19.21-5.22%
  • unus-sed-leoUNUS SED LEO(LEO)$8.77-1.93%
  • bitcoin-cashBitcoin Cash(BCH)$384.20-4.90%
  • the-open-networkToncoin(TON)$3.08-3.70%
  • shiba-inuShiba Inu(SHIB)$0.000012-5.67%
  • hedera-hashgraphHedera(HBAR)$0.164087-2.72%
  • litecoinLitecoin(LTC)$84.14-4.85%
  • polkadotPolkadot(DOT)$3.90-3.64%
  • moneroMonero(XMR)$319.420.50%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • daiDai(DAI)$1.000.01%
  • bitget-tokenBitget Token(BGB)$4.58-3.39%
  • piPi(PI)$0.62-4.52%
  • pepePepe(PEPE)$0.000011-9.96%
  • uniswapUniswap(UNI)$6.02-5.29%
  • aaveAave(AAVE)$246.31-7.13%
  • bittensorBittensor(TAO)$361.26-5.27%
  • okbOKB(OKB)$49.93-0.30%
  • crypto-com-chainCronos(CRO)$0.098118-2.32%
  • aptosAptos(APT)$4.58-5.01%
  • nearNEAR Protocol(NEAR)$2.30-6.39%
  • internet-computerInternet Computer(ICP)$4.94-6.82%
  • ethereum-classicEthereum Classic(ETC)$16.51-4.82%
  • ondo-financeOndo(ONDO)$0.79-4.72%
  • gatechain-tokenGateToken(GT)$18.64-2.75%
  • usd1World Liberty Financial USD(USD1)$1.000.04%
  • kaspaKaspa(KAS)$0.082195-1.97%
  • mantleMantle(MNT)$0.64-4.49%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.203229-5.98%
  • vechainVeChain(VET)$0.022906-3.98%
  • official-trumpOFFICIAL TRUMP(TRUMP)$9.76-10.93%
  • render-tokenRender(RENDER)$3.64-4.16%
  • ethenaEthena(ENA)$0.291641-7.88%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.72-9.79%
  • worldcoin-wldWorldcoin(WLD)$1.05-7.39%
  • filecoinFilecoin(FIL)$2.41-6.84%
  • bitcoinBitcoin(BTC)$102,600.77-2.46%
  • ethereumEthereum(ETH)$2,450.85-6.78%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.13-3.64%
  • binancecoinBNB(BNB)$640.20-4.08%
  • solanaSolana(SOL)$147.02-4.40%
  • usd-coinUSDC(USDC)$1.000.02%
  • tronTRON(TRX)$0.2768371.19%
  • dogecoinDogecoin(DOGE)$0.174821-8.12%
  • cardanoCardano(ADA)$0.64-5.98%
  • hyperliquidHyperliquid(HYPE)$34.52-2.72%
  • suiSui(SUI)$2.98-6.63%
  • chainlinkChainlink(LINK)$13.16-5.42%
  • stellarStellar(XLM)$0.260170-2.80%
  • avalanche-2Avalanche(AVAX)$19.21-5.22%
  • unus-sed-leoUNUS SED LEO(LEO)$8.77-1.93%
  • bitcoin-cashBitcoin Cash(BCH)$384.20-4.90%
  • the-open-networkToncoin(TON)$3.08-3.70%
  • shiba-inuShiba Inu(SHIB)$0.000012-5.67%
  • hedera-hashgraphHedera(HBAR)$0.164087-2.72%
  • litecoinLitecoin(LTC)$84.14-4.85%
  • polkadotPolkadot(DOT)$3.90-3.64%
  • moneroMonero(XMR)$319.420.50%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • daiDai(DAI)$1.000.01%
  • bitget-tokenBitget Token(BGB)$4.58-3.39%
  • piPi(PI)$0.62-4.52%
  • pepePepe(PEPE)$0.000011-9.96%
  • uniswapUniswap(UNI)$6.02-5.29%
  • aaveAave(AAVE)$246.31-7.13%
  • bittensorBittensor(TAO)$361.26-5.27%
  • okbOKB(OKB)$49.93-0.30%
  • crypto-com-chainCronos(CRO)$0.098118-2.32%
  • aptosAptos(APT)$4.58-5.01%
  • nearNEAR Protocol(NEAR)$2.30-6.39%
  • internet-computerInternet Computer(ICP)$4.94-6.82%
  • ethereum-classicEthereum Classic(ETC)$16.51-4.82%
  • ondo-financeOndo(ONDO)$0.79-4.72%
  • gatechain-tokenGateToken(GT)$18.64-2.75%
  • usd1World Liberty Financial USD(USD1)$1.000.04%
  • kaspaKaspa(KAS)$0.082195-1.97%
  • mantleMantle(MNT)$0.64-4.49%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.203229-5.98%
  • vechainVeChain(VET)$0.022906-3.98%
  • official-trumpOFFICIAL TRUMP(TRUMP)$9.76-10.93%
  • render-tokenRender(RENDER)$3.64-4.16%
  • ethenaEthena(ENA)$0.291641-7.88%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.72-9.79%
  • worldcoin-wldWorldcoin(WLD)$1.05-7.39%
  • filecoinFilecoin(FIL)$2.41-6.84%