\n
<\/p>\n
\n\t\t\t\t\t\t\t\t\tAnother market oberver, though, challenged this thesis, indicating that ETH might have already found its bottom during this cycle. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Ethereum\u2019s native token rode the sub-CPI crypto rally like very few did, pumping toward a six-week peak of roughly $1,950. This means that it had recovered nearly 30% in value since its multi-year peak at $1,510 was reached weeks ago.<\/p>\n
However, its run was halted at that level, and the asset now stands below $1,900. According to popular analyst Crypto Rover, this minor rejection might be just the beginning.<\/p>\n
While observing ETH\u2019s more macro picture, the market commentator outlined a rather interesting pattern that the asset tends to follow \u2013 a very precise 1,369-day repeating occurrence that drives it up and down.<\/p>\n
Rover speculated that \u201cEthereum may be heading for its biggest crash yet,\u201d as this historical pattern maps out two \u201cdevastating sell-offs\u201d incurred at approximately this time of each cycle. They both began after similar rallies like the 30% surge in the past couple of weeks, but the subsequent rejections pushed the altcoin south to new local lows.<\/p>\n
If the analyst\u2019s scenario plays out again, ETH could dump again to and even below $1,500, which would mark a new multi-year low. The other side of the coin of this pattern shows a spectacular long-term run would be in the making following this capitulation. Rover\u2019s analysis outlined some massive targets of somewhere around five-digit territory at $10,000.<\/p>\n
\nETHEREUM MAY BE HEADING FOR ITS BIGGEST CRASH YET.<\/p>\n
This chart shows the exact same 1,369-day pattern repeating for a third time.<\/p>\n
The previous two cycles ended with devastating selloffs.<\/p>\n
If this fractal holds\u2026<\/p>\n
The worst may still be ahead. pic.twitter.com\/jMYhpiUgZ5<\/a><\/p>\n
\u2014 Crypto Rover (@cryptorover) July 16, 2026<\/a><\/p>\n<\/blockquote>\n
Maybe Bottom Is In, Though<\/h2>\n
Fellow analyst Micha\u00ebl van de Poppe also weighed in on ETH\u2019s impressive move<\/a> above $1,900, calling it \u201cphenomenal.\u201d However, he doesn\u2019t see such a doomsday scenario as Rover. Instead, he said he doubts there will be \u201ca lot more new lows coming in on the markets,\u201d as the on-chain data he reviews points in the opposite direction.<\/p>\n
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\n\u201cThere\u2019s a lot more upside going to come on this one, and I think it\u2019s simply in a \u2018buy-the-dip\u2019 regime,\u201d he added.<\/p>\n<\/blockquote>\n
His focus was more on ETH\u2019s short-term performance, and the chart he listed<\/a> envisions targets of around $2,500-$2,700 by the start of Q4.<\/p>\n
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