$ETH<\/a>\/daily#Ethereum<\/a> has reclaimed above the previous low, which was marked as a support, after a false breakdown.<\/p>\n It’s following this pattern: We might see a Rally moving above the previous high soon \u2014 Trader Tardigrade (@TATrader_Alan) October 13, 2025<\/a><\/p>\n<\/blockquote>\n The exact sequence has occurred multiple times over the past year. In each case, the breakdown led to a sharp recovery. The most recent setup shows ETH reclaiming the $3,650 zone. The pattern points to a possible move back toward the $4,800 level if momentum continues.<\/p>\n Investor Mike Investing posted a weekly ETH chart projecting a long-term price target of $7,000 by May 2026. The chart shows ETH trading well above its 200-week moving average, now near $2,447. This level has acted as a base during previous market cycles.<\/p>\n Remarkably, the post claims that during the recent correction, large firms including BlackRock, BitMine, and Vanguard increased their ETH holdings. While this activity isn\u2019t confirmed in public filings, the chart suggests a strong return is possible over the next several months if ETH holds above support.<\/p>\n I\u2019m officially calling it\u2026$ETH<\/a> had its final hard pullback below $4,000 before it begins its multi month incoming rally.<\/p>\n During the recent pullback institutions like BitMine, Blackrock, & Vanguard all loaded collectively billions in $ETH<\/a>.<\/p>\n $7000+ by May 2026.<\/p>\n Mark my words\u2026 pic.twitter.com\/m0xCGA0pb1<\/a><\/p>\n \u2014 Mike Investing (@MrMikeInvesting) October 12, 2025<\/a><\/p>\n<\/blockquote>\n In addition, a separate chart from Mister Crypto compares<\/a> Ethereum\u2019s current structure to its 2016\u20132017 cycle. The side-by-side view shows that both charts experienced a breakout, followed by a short pullback. In the earlier cycle, this setup led to a steep multi-month rally.<\/p>\n The post claims, \u201cThis $ETH setup looks so much like it did in 2017,<\/em>\u201d placing the current phase just before a major leg up. Traders watching fractals often use these historical patterns as rough guides, but outcomes can vary.<\/p>\n On-chain analyst CryptoOnchain reported <\/a>a sharp spike in Ethereum\u2019s Coinbase Premium Gap, hitting +6.0 on October 10. This shows ETH was trading much higher on Coinbase than on global exchanges like Binance, often a sign of strong U.S. demand.<\/p>\n \u201cWhile the global market was selling, an overwhelmingly aggressive wave of buying was taking place on the Coinbase exchange,\u201d the post said.<\/p>\n<\/blockquote>\n This kind of buying often reflects institutional interest, especially when it shows up during market corrections.<\/p>\n The data suggests that major investors are positioning during dips, creating a possible floor around current price levels.<\/p>\n The post ETH Chart Flashes Classic Rally Pattern, $4.8K or $7K Next?<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n
\n False breakdown
\n![\"\ud83d\udfe1\"](\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f7e1.png\")
Reclaim
\n![\"\ud83d\udfe2\"](\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f7e2.png\")
Rally<\/p>\n![\"\ud83d\ude80\"](\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f680.png\")
pic.twitter.com\/BEJTQda0oY<\/a><\/p>\nChart Targets $7,000 by Mid-2026<\/h2>\n
\n
Coinbase Premium Hits Year-High<\/h2>\n
\n
![\"Ethereum](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/kq3CJGCBq_57f20722c3e35425ced8114cdb1e98f77b98e2fc785186f2a72577b33af0ac05.webp\")
<\/a>