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 continued 2026 correction. In line with the analyst who first recognized it, what occurs subsequent on the apex of that construction might outline Ethereum’s trajectory for the following a number of years.
Ethereum’s 9-12 months Construction
Ethereum’s 3-week candlestick chart highlights an extended ascending assist line starting close to the early market cycle lows and stretching by way of the 2020 Covid crash, the 2022 bear market, and the most recent correction since its August 2025 all-time excessive of $4,946.
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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 throughout the 2021 peak and once more throughout its return to document peaks. The decrease boundary, nonetheless, has been the extra vital a part of the construction as a result of it has outlined the bigger bull-market development for nearly a decade.
Every main downturn has examined the development, however the construction has not but damaged with an in depth under 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 line with a crypto analyst that goes by the identify Crypto Tice on X, that is the second of fact. The triangle has survived all the things 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 will depend on ETH persevering with to carry the long-term ascending assist line. The vital breakdown stage is at $1,950, which means Ethereum nonetheless has to shut the present 3-week candlestick above this stage to maintain the nine-year construction alive.
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A profitable maintain above $1,950 would preserve Ethereum contained in the triangle and provides bulls an opportunity to push the worth again into the higher vary of the construction. From there, the following vital value stage to observe is $4,350. That might flip the defensive setup right into a breakout construction, with analyst Crypto Tice’s projected goal at $10,000.
The second state of affairs is the bearish one. A break and a number of candlestick closes under $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 way of the Covid crash and the 2022 bear market. Such a transfer would cancel out the golden triangle thesis and indicate 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% prior to now 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
