Technical evaluation of the 3-week chart outlook reveals ETH urgent into the apex of a golden triangle formation that has survived the Covid crash, the 2022 bear market, and the continuing 2026 correction. In keeping with the analyst who first recognized it, what occurs subsequent on the apex of that construction could outline Ethereum’s trajectory for the following a number of years.
Ethereum’s 9-Yr Construction
Ethereum’s 3-week candlestick chart highlights an extended ascending assist line starting close to the early market cycle lows and stretching by the 2020 Covid crash, the 2022 bear market, and the newest correction since its August 2025 all-time excessive of $4,946.
Associated Studying
The formation’s higher boundary is a horizontal trendline, across the $4,800 to $4,900 vary. Ethereum has struggled round that horizontal resistance, together with through the 2021 peak and once more throughout its return to file peaks. The decrease boundary, nonetheless, has been the extra essential a part of the construction as a result of it has outlined the bigger bull-market pattern for nearly a decade.
Every main downturn has examined the pattern, however the construction has not but damaged with a detailed beneath the assist trendline with a 3-week candlestick. That’s the reason the present place on the chart is greater than one other routine assist check. In keeping with a crypto analyst that goes by the title Crypto Tice on X, that is the second of reality. The triangle has survived the whole lot the market threw at it, however nothing it has confronted compares to proper now.
The place Ethereum Goes From The Golden Triangle
The Golden Triangle now leaves Ethereum with two eventualities. The primary is the bullish path, which is determined by ETH persevering with to carry the long-term ascending assist line. The essential breakdown degree is at $1,950, that means Ethereum nonetheless has to shut the present 3-week candlestick above this degree to maintain the nine-year construction alive.
Associated Studying
A profitable maintain above $1,950 would maintain Ethereum contained in the triangle and provides bulls an opportunity to push the value again into the higher vary of the construction. From there, the following essential value degree to observe is $4,350. That may flip the defensive setup right into a breakout construction, with analyst Crypto Tice’s projected goal at $10,000.
The second situation is the bearish one. A break and a number of candlestick closes beneath $1,950 would carry much more weight than a standard pullback as a result of it could push Ethereum beneath the rising assist that has guided the market by the Covid crash and the 2022 bear market. Such a transfer would cancel out the golden triangle thesis and suggest that the nine-year bullish construction has lastly failed.
On the time of writing, Ethereum is buying and selling at $1,575, down by 6% and 22% previously 24 hours and 7 days, respectively. Nevertheless, there’s nonetheless time for Ethereum to return above $1,950 earlier than the tip of June.
Featured picture from iStock, chart from Tradingview.com
