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🗣 “Ethereum to $1,000 !!! ” - That’s what most people expect right now.
👀 But look at the actual chart - not the lines people draw to fit their bias.
My Bitcoin post yesterday got plenty of sarcasm. The common view: this is just a fakeout, and $BTC is going to $40K first. 🤬
🧠 But let’s think logically.
If Bitcoin drops another 40%, Ethereum will likely drop even harder.
So >50% down on $ETH? 😅
And you believe the market will simply hand out a life-changing entry like that?
Now compare the structure.
✔️ The current ABC corrective wave looks almost identical to the 2022 bear market.
✔️ RSI is at the same oversold levels
✔️ MACD has been red for 28 consecutive weeks (it was 34 weeks in 2022)
And when the MACD finally crossed back then, ETH had already done 2× from the bottom, leaving everyone waiting for “lower prices” behind. 🙋♂️ MACD is primarily a lagging indicator, don't forget.
If you’ve been in crypto long enough, you know the rule:
When the chart looks too obvious, the market usually does the opposite. 🔄
So tell me - are you already accumulating spot, or still waiting for $1,000? 🤗