{"id":137253,"date":"2026-02-23T06:30:26","date_gmt":"2026-02-23T06:30:26","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=137253"},"modified":"2026-02-23T06:30:26","modified_gmt":"2026-02-23T06:30:26","slug":"analyst-predicts-the-ethereum-price-bottom-with-a-marked-path-to-15000","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=137253","title":{"rendered":"Analyst Predicts The Ethereum Price Bottom With A Marked Path To $15,000"},"content":{"rendered":"

Despite the Ethereum price looking to be leveling out below $2,000<\/a>, the slowdown in the crash has done nothing to allay fears that more decline is coming. In fact, analysts believe that this stop is only temporary and that the second-largest cryptocurrency by market cap will make another major drop soon. This is due to past performance, where the Ethereum price has often staged a major reset before eventually making a possible bottom.<\/p>\n

The Scenario That Says Ethereum Price Is Headed For $600<\/h2>\n

Calls for Ethereum reaching $10,000-$15,000 were echoed loudly in the last year, when the market was still in the throes of the bull market. However, those hopes have since been dashed, with even $5,000 now looking like a pipe dream. Nevertheless, analysts like Alexhiz on the TradingView website believe that the dream is not completely gone, although the path toward this target <\/a>may be quite rocky.<\/p>\n

In a recent post<\/a>, the crypto analyst explains that it is likely that Ethereum will make a major macro correction<\/a>. If this is correct, then it means that the support that the altcoin seems to have established above $1,900 is fragile at most and could end up breaking soon.<\/p>\n

The bearish scenario that Alex points to is another 60% price drop, which would eventually push the Ethereum price down<\/a> toward $600. While such a price point may be disastrous in the short-term, the analyst believes that it is needed for the 5-figure scenario to play out.<\/p>\n

Why A Crash Is Good<\/h2>\n

If the Ethereum price were to crash as low as $600, the crypto analyst believes this would mean a complete liquidity reset and a full market capitulation. Such a scenario would allow for strong long-term accumulation, with stronger hands taking control of the price.<\/p>\n

What would follow the accumulation phase<\/a> would be an expansion phase, where the price could rise rapidly. The analyst also added: \u201cLooking further ahead (2028\u20132029), in a renewed bullish cycle, ETH<\/a> could target the $10,000\u201315,000 range based on historical cycle behavior and liquidity growth.\u201d<\/p>\n

Given this, such a scenario would take years to play out, as there could be a long, drawn-out accumulation trend, as seen in the previous cycle. Growth could also be highly dependent on the Bitcoin price performance, being the market leader for over a decade.<\/p>","protected":false},"excerpt":{"rendered":"

Despite the Ethereum price looking to be leveling out below $2,000, the slowdown in the crash has done nothing to allay fears that more decline is coming. In fact, analysts believe that this stop is only temporary and that the second-largest cryptocurrency by market cap will make another major drop soon. This is due to […]<\/p>\n","protected":false},"author":0,"featured_media":137254,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-137253","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\/137253"}],"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=137253"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/137253\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/137254"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=137253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=137253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=137253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}