Where Is Ethereum’s Bottom? Analysts Weigh On-Chain and Technical Signals

Ethereum (ETH) recently dipped below $3,000 following a brief surge, prompting analysts to examine where its price might bottom out amid broader market uncertainty. Analyst Ted Pillows suggested that holding above the $3,000–$3,050 range could lead to $3,200, but failure risks new yearly lows. On-chain data from CryptoQuant analyst CW8900 indicates that the realized price of accumulation addresses is near the spot price, suggesting whales are accumulating, with a potential bottom forming around $2,720. Technically, traders like Kamran Asghar observe a "huge weekly rounded bottom," while Bit Bull notes a double bottom and inverse head-and-shoulders pattern on the monthly chart, both bullish reversal signals. Furthermore, Matthew Hyland points to Ethereum's historical 3.5-year cycle, suggesting the cyclical bottom occurred in Q4 2025, signaling the start of the next cycle. Overall, while volatility remains, various indicators suggest ETH is near an inflection point where downside could attract buying interest.

(Source：BeInCrypto)