- Analysts claim ETH chart is starting to look better than it has all year.
- Bullish liquidity forms on the upside and downside.
- The upside formation is 20x – 30x greater than the downside.
The price of promising crypto assets like Bitcoin (BTC) and Ethereum (ETH) continue to trade at the $64,000 and $1,900 price ranges, showing the continuation of steady pioneer asset prices on these charts. As the sideways movements continue in a bearish market, analysts claim ETH chart is starting to look better than it has all year, and goes on to explain using liquidity cluster formations.
Analysts Claim ETH Chart Is Starting to Look Better
According to reputed crypto analysts, the price of ETH may outperform BTC for the first time ever in the coming bull cycle phase. This prediction came from the reputed Doctor Profit, a silver-tongued analyst known for his many accurate predictions so far. A month ago, the analyst was calling for a BTC bottom price of $40,000 to arrive sometime between Q3 and Q4 of 2026.
The expert has since revised his prediction to say that the price of BTC will only dip as low as the $54,000 price range instead. He came to this conclusion based on the heavy liquidity that sits at that price range. This led him to conclude that $54,000 will likely be this bear cycle’s bottom price. He also went on to reveal his bull strategy of accumulating BTC between the $54,000 – $64,000 price range.
Following that reveal, he also said that for the first time ever he will be accumulating more ETH over BTC as he expects the price of ETH to outperform BTC over the coming bull cycle. Already, predictions for BTC and ETH to hit new ATH targets are being debated with targets such as $200,000 for BTC and $12,000 for ETH. As we can see from the post above, another espert states that ETH is looking the best it has this year, suggesting a bullish turn.
Bullish Liquidity Clusters Form for ETH
In particular, the post says that ETH could have a breakout above the major downtrend resistance line, with the price of ETH attempting to push out of the daily cloud, and the daily RSI continuing to firm up and trend higher with momentum building. Looking at this formation, the post goes on to conclude that not having a bullish expectation here would be silly as there are no bearish indicators present at the moment for ETH.
Adding on to the bullish expectations, is the observation in the post above. As we can see, the video accompanying the post highlights how ETH has formed a massive liquidity cluster to the upside. This marks a 20x to 30x liquidity that is bigger than the downside liquidity. Can ETH still go down a little in price, yes there remains a possibility, but not, the max pain from here is a huge pump, not a dump, it concludes.
