Ethereum price can be prepared for another step by 100 % after printing the surrender candle
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Ethereum Make the price in The past seven days have led to the creation of a surrender candle that you may send to another Within eight to twelve two weeks next. This candle caught the surrender to the attention of TED Bidows, which noticed an interesting repetition pattern for Ethereum.
According to the technical analysis conducted by Ted Bidows, Ethereum printed a surrender candle in early 2025, just as it did in the first quarter of 2024 and the third quarter of 2023.
Candles and historical patterns ethereum
Tedpillows analysis stands out The price of Ethereum has undergone three major surrender events in the past two years, all of which led to large counterattacks in prices. In particular, these surrender occurred in the weekly timeline of the candlestick, as the price of ETHEREUM witnessed intensive sale pressure throughout the week. However, historical prices are operating that these surrender often distinguished the bottom before the huge price rises.
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The first of these questions occurred in the first quarter of 2024 and eventually led to a 100 % crowd during the next three months, as the price of ETHEREUM is $ 3950. The second was surrendered in the third quarter of 2024, which led to a similar rise. With ETHEREUM is now at the moment of another surrender in early 2025, the analyst notes that the pattern is appointed to repetition. He believes that Ethereum is again formed the market bottom, and puts the theater For an aggressive escalating step.
ETHEREUM price increases by 100 % and potential climax
If Ethereum follows its previous track, the eight to the eight to the twelve weeks may bring a significant increase in prices, even with the current Altcoin struggle currently about 2700 dollars. 90 % -100 % pump after the last surrender will pay the Ethereum price Previous main resistance levels And above its current height at all.
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Tedpillows analysis indicates that the final price of Ethereum after this surrender may reach $ 8,000. However, it is likely that you will face a large resistance near $ 3950, a level that has historically rejected in previous surrender cycles. If Ethereum is struggling to penetrate this barrier again, the temporary decline on the horizon may be before any continuous move higher.
Meanwhile, the Investment Funds in Spot Ethereum attract heavy flows Despite the decline in ETHEREUM prices. Institutional investors seem to benefit from the decline and increase of their ETH property in anticipation of the bouncing of the broader market.
Ethereum atfs stain Record 513.8 million dollars in flows in the past six days, with Blackrock leadership these fees by getting ETH at a value of $ 424.1 million. This fixed accumulation of institutions owners indicates an increased confidence in the capabilities of ETAREUM in the long run and can lay the basis for 100 % expected increase in eight to the next twelve months.
At the time of writing this report, ETHEREUM is traded at $ 2,725, a decrease of 4 % over the past 24 hours.
Distinctive image from Unsplash, Chart from TradingView.com
