Ethereum is receiving renewed attention as analysts point to a long-term support structure that could shape Ethereum’s next big move.
Liquidity Hunter said bearish sentiment could create contrarian opportunities, while Kamran Asghar said: $ETH We are retesting the historical trend line that previously marked a big bottom.
Ethereum could become the market’s most hated opportunity, says analyst
Despite the prevailing bearish mood, Ethereum could be nearing a major turning point, according to cryptocurrency analyst Liquidity Hunter.
In a post about X, the analyst shared a reversal opinion. $ETH A chart highlighting similarities between the current market structure and the bottoms of previous cycles. This chart suggests that Ethereum is testing a long-term support area that historically preceded major trend reversals.
$ETH/USD reversal chart. sauce: Liquidity Hunter (@Rikuhunter)
According to the analysis, $ETH It has spent several years consolidating within a wide range, repeatedly forming lows near major support zones. This chart also highlights a large downtrend line that extends to the previous cycle’s high, and the current price action is located near a potential breakout area.
Liquidity hunters argue that Ethereum’s weakness may be creating an opportunity rather than a warning sign. Analysts pointed out that: $ETH This condition has been widely criticized and overlooked in recent months, but it often appears around major market inflection points.
Although the expected upside target remains speculative, the chart suggests that Ethereum could enter a stronger recovery phase if buyers manage to defend the current support level and reclaim long-term resistance.
For now, traders are focused on whether Ethereum can hold support and confirm a reversal structure, or whether bearish momentum will continue to dominate the market.
Ethereum Analysts Focus on Potential Accumulation Zone, Retest Past Trendline
$ETH/USD Daily descending trendline retest. sauce: Kamran Asgar
According to crypto analyst Kamran Asghar, Ethereum is testing a long-term downtrend line that has previously coincided with major market bottoms.
In a post on X, the analyst highlighted similarities between Ethereum’s current price structure and the setup that formed before the significant reversal in early 2025. The chart is as follows $ETH We return to the downtrend line, which has served as an important technical reference point throughout the broader downtrend.
According to the chart, Ethereum is trading near $1,725 after revisiting the trendline support area. A highlighted circle marks the previous instance. $ETH I tested similar levels before planning a stronger recovery. The Relative Strength Index (RSI) also appears to be recovering from oversold conditions, suggesting that selling pressure may be easing.
Asghar argues that if past price movements repeat, this retest could indicate a long-term accumulation zone. In that scenario, buyers could gradually return to the market, laying the foundation for a broader bullish reversal.
However, the setup remains unconfirmed. Ethereum needs to establish higher lows and reclaim key resistance levels, including the 200-day moving average near $2,350, before a larger trend reversal is verified.
For now, traders are focused on whether the trendline support will continue to hold or whether Ethereum will break below and extend the correction.
