{"id":104336,"date":"2025-10-13T14:31:05","date_gmt":"2025-10-13T14:31:05","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=104336"},"modified":"2025-10-13T14:31:05","modified_gmt":"2025-10-13T14:31:05","slug":"eth-chart-flashes-classic-rally-pattern-4-8k-or-7k-next","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=104336","title":{"rendered":"ETH Chart Flashes Classic Rally Pattern, $4.8K or $7K Next?"},"content":{"rendered":"

Ethereum (ETH) has moved back above key support after a brief breakdown, with the asset recovering toward $4,150. The move comes after a 24-hour gain of over 8%, though ETH remains down more than 8% over the past week.<\/p>\n

Pattern Repeats After False Breakdown<\/h2>\n

A chart shared by Trader Tardigrade outlines a recurring price pattern: a false breakdown, followed by a reclaim of support, and then a rally.<\/p>\n

$ETH<\/a>\/daily#Ethereum<\/a> has reclaimed above the previous low, which was marked as a support, after a false breakdown.<\/p>\n

It\u2019s following this pattern:
\n False breakdown
\n Reclaim
\n Rally<\/p>\n

We might see a Rally moving above the previous high soon pic.twitter.com\/BEJTQda0oY<\/a><\/p>\n

\u2014 Trader Tardigrade (@TATrader_Alan) October 13, 2025<\/a><\/p>\n\n

The exact sequence has occurred multiple times over the past year. In each case, the breakdown led to a sharp recovery. The most recent setup shows ETH reclaiming the $3,650 zone. The pattern points to a possible move back toward the $4,800 level if momentum continues.<\/p>\n

Chart Targets $7,000 by Mid-2026<\/h2>\n

Investor Mike Investing posted a weekly ETH chart projecting a long-term price target of $7,000 by May 2026. The chart shows ETH trading well above its 200-week moving average, now near $2,447. This level has acted as a base during previous market cycles.<\/p>\n

Remarkably, the post claims that during the recent correction, large firms including BlackRock, BitMine, and Vanguard increased their ETH holdings. While this activity isn\u2019t confirmed in public filings, the chart suggests a strong return is possible over the next several months if ETH holds above support.<\/p>\n

I\u2019m officially calling it\u2026$ETH<\/a> had its final hard pullback below $4,000 before it begins its multi month incoming rally.<\/p>\n

During the recent pullback institutions like BitMine, Blackrock, & Vanguard all loaded collectively billions in $ETH<\/a>.<\/p>\n

$7000+ by May 2026.<\/p>\n

Mark my words\u2026 pic.twitter.com\/m0xCGA0pb1<\/a><\/p>\n

\u2014 Mike Investing (@MrMikeInvesting) October 12, 2025<\/a><\/p>\n\n

In addition, a separate chart from Mister Crypto compares<\/a> Ethereum\u2019s current structure to its 2016\u20132017 cycle. The side-by-side view shows that both charts experienced a breakout, followed by a short pullback. In the earlier cycle, this setup led to a steep multi-month rally.<\/p>\n

The post claims, \u201cThis $ETH setup looks so much like it did in 2017,<\/em>\u201d placing the current phase just before a major leg up. Traders watching fractals often use these historical patterns as rough guides, but outcomes can vary.<\/p>\n

Coinbase Premium Hits Year-High<\/h2>\n

On-chain analyst CryptoOnchain reported <\/a>a sharp spike in Ethereum\u2019s Coinbase Premium Gap, hitting +6.0 on October 10. This shows ETH was trading much higher on Coinbase than on global exchanges like Binance, often a sign of strong U.S. demand.<\/p>\n

\u201cWhile the global market was selling, an overwhelmingly aggressive wave of buying was taking place on the Coinbase exchange,\u201d the post said.<\/p>\n

This kind of buying often reflects institutional interest, especially when it shows up during market corrections.<\/p>\n

<\/a>Source: CryptoQuant<\/p>\n

The data suggests that major investors are positioning during dips, creating a possible floor around current price levels.<\/p>\n

The post ETH Chart Flashes Classic Rally Pattern, $4.8K or $7K Next?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum (ETH) has moved back above key support after a brief breakdown, with the asset recovering toward $4,150. The move comes after a 24-hour gain of over 8%, though ETH remains down more than 8% over the past week. Pattern Repeats After False Breakdown A chart shared by Trader Tardigrade outlines a recurring price pattern: […]<\/p>\n","protected":false},"author":0,"featured_media":104337,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-104336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/104336"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=104336"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/104336\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/104337"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=104336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=104336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=104336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}