Crypto analyst Tice has declared that an Ethereum price rally to $4,000 isn’t 
a moonshot but one that is bound to happen. This came as he revealed that he 
was accumulating ETH based on the technicals, which point to a buy sentiment. 
Analyst Reveals Ethereum Price Rally To $4,000 As A Structural Magnet In an X 
post, Tice stated that an Ethereum price rally to $4,000 wasn’t a moonshot but 
a structural magnet. He further remarked that he was loading up on ETH while 
everyone is giving up. His conviction in ETH is based on the technicals, which 
point to an imminent rally for the second-largest crypto by market cap. 
Related Reading: Ethereum Is Not Dead: Why Market Experts Are Still Predicting 
A Rise Above $10,000 The analyst noted that ETH’s structure was compressing 
while liquidity had been flushed. At the same time, the Ethereum price is 
forming higher lows under maximum doubt, and it is clear that the forced 
selling has been absorbed. Tice declared that this is not a weakness but the 
accumulation phase coming to an end, which will then usher in the breakout. 
Tice also mentioned that the Ethereum price structure has refused to break 
under this much fear, which points to an imminent violent move to the upside. 
In another X post, the analyst doubled down on his bullish outlook for ETH. He 
noted that Ethereum is the most uncomfortable asset to hold right now, but 
that is exactly why it is going to explode. He likened the current Ethereum 
price action to that of Netflix, which he noted spent years in a range and 
retested the lows six times before seeing a parabolic move to the upside. Tice 
declared that Ethereum is running the identical playbook, with the same 
compression, same frustration, and the same crowd walking away. As such, the 
analyst assured that ETH is not broken but is simply loading for its parabolic 
move to the upside. Sell Signal Flashes For ETH On the other hand, crypto 
analyst Ali Martinez has provided a bearish outlook for Ethereum, noting that 
a new sell signal has just flashed for ETH. He pointed to the TD Sequential 
indicator, which he said has been incredibly precise at anticipating ETH 
trends over the past year. The analyst added that every signal this indicator 
has flashed on the weekly timeframe has been validated by significant price 
action. Related Reading: Ethereum Shortfall Says Price Is Headed Lower Unless 
This Happens As such, Martinez believes that the Ethereum price is entering 
another corrective phase with this new sell signal. He highlighted three 
downside targets if selling pressure accelerates. These targets are $1,900, 
$1,565, and $1,090, which are the short-term, mid-term, and long-term downside 
targets, respectively. At the time of writing, the Ethereum price is trading 
at around $2,260, up in the last 24 hours, according to data from 
CoinMarketCap. Featured image from Freepik, chart from Tradingview.com

Ethereum Price Reaching $4,000 Isn’t A Moonshot, Here’s What It Is

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Ethereum Price Reaching $4,000 Isn’t A Moonshot, Here’s What It Is

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