2026-01-14 01:27:14

From a technical perspective, Ethereum's correction cycle has become increasingly clear.

The entire C wave decline started on October 10th. It temporarily found support in mid to late November, but after that, during the fifth wave decline around December 18th, it failed to reach a new low—indicating that the bearish momentum has actually been nearly exhausted.

The current assessment is: Ethereum has likely re-entered the upward channel that began in April of last year and is currently in the fifth wave of the upward phase. If this judgment is correct, there is still room for growth.

Based on wave theory, we present two expected target levels:

The first, more conservative target is $5,413.

If market sentiment heats up further, in an aggressive scenario, it could reach $7,155.

Of course, these are projections based on the current technical patterns; the actual market movement will still depend on market dynamics.

ETH5,4%

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LayerZeroHero

· 12h ago

Are the bears exhausted? Then we can get on board. Wave theory is just armchair quarterbacking after the fact, but the 5413 target is indeed not unreasonable. 7155 is a bit greedy, brother. The December wave didn't hit a new low, I agree with that. If we really push up, it depends on whether Ethereum can hold above 4200. It's better to talk about targets after the rise; discussing them now is too speculative. The channel from last April... remember how many people got trapped back then? At least there's now a direction, unlike before when it was so clueless.

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