Ethereum’s Inverted Chart May Be Setting Up Its Next Major Move: New ATH Soon?
Ethereum’s price action has spent an
Inverted Ethereum Price Chart. Source: @egragcrypto on X
A Drop Here Actually Means A Breakout
The most important detail in this technical framework is that the chart is inverted. What looks like a downside move on this view actually points to upside expansion on the real Ethereum price chart.
According to the previous outcomes, once Ethereum exits this range, the next move is likely to unfold quickly. It may not match the explosive nature of early-cycle rallies, but it is expected to be more orderly, sustained, and carry Ethereum to new price highs.
When the structure is converted back into real price terms, Egrag Crypto identifies the $3,800 to $4,500 area as the first critical zone. This region represents initial resistance that must be cleared to confirm a bullish continuation. Only after a decisive move above this range would the $6,000 to $7,500 zone come into focus as a realistic upside target.
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The analysis also highlights a defined risk scenario. A pullback to the $1,800 to $2,200 region would postpone the breakout and act as a final shakeout before a final lift-off. However, as long as Ethereum holds its broader consolidation structure, such a retest would not invalidate the thesis. At the time of writing, Ethereum is trading at $3,100.
Featured image from Unsplash, chart from TradingView
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