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Analysts say the ETH chart is starting to show its best trend of the year and a bullish liquidity cl

2026-08-10 00:38:12
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Analysts call the ETH chart the best trend of the year

Prices of high-quality crypto assets such as Bitcoin (BTC) and Ethereum (ETH) continue to trade between US$64,000 and US$1,900, indicating that the prices of these pioneer assets on the chart remain stable. As the market continues to move sideways against a bear market backdrop, analysts point out that ETH's chart trend is showing its best state this year and explain this through the liquidity aggregation pattern.

Analysts say the ETH chart is starting to improve

According to predictions by well-known cryptocurrency analysts, the price of ETH is expected to surpass BTC for the first time in the upcoming bull cycle. This prediction comes from Doctor Profit, a reputable analyst in the industry, who is known for his accurate multiple predictions. A month ago, the analyst predicted that the bottom price of BTC would be around US$40,000, between the third quarter and the fourth quarter of 2026.

Now, the expert revised his forecast and believes that the price of BTC will only drop to around US$54,000 at the lowest. He reached this conclusion based on the large amount of liquidity in this price range, and based on this conclusion, he concluded that US$54,000 is likely to be the bottom price of this bear market. In addition, he also revealed his bull market strategy, which is to gradually accumulate BTC within the price range of US$54,000 to US$64,000.

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After announcing the above strategy, he further stated that he would prioritize accumulating ETH over BTC for the first time because he expected ETH to perform better than BTC in the upcoming bull market cycle. Currently, predictions that BTC and ETH will reach record highs have sparked discussions, with target prices of US$200,000 for BTC and US$12,000 for ETH respectively. As can be seen from the above tweet, another expert pointed out that ETH's current trend is the best of the year, suggesting that a bullish trend is coming.

ETH forms a bullish liquidity cluster

Specifically, the tweet pointed out that ETH may break through the main downtrend resistance line, and prices are trying to break through the daily cloud chart. At the same time, the daily RSI continues to strengthen and show upward momentum, and momentum continues to accumulate. Based on this pattern, the tweet concluded that it would be foolish not to have bullish expectations at the moment, as there are currently no bearish indicators for ETH.

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What further strengthens bullish expectations is the above observation. As shown in the attached photo, the video accompanying the tweet highlights how ETH has formed a huge liquidity cluster in the upward direction. This liquidity is 20 to 30 times the liquidity in the downward direction. Is it still possible for ETH prices to fall slightly? Yes, this possibility still exists. But the tweet concluded: The biggest pain point in the current market is the sharp rise, not the collapse.

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