Ethereum Classic has been in a long downtrend, years of bearish action. December 2024 was a double-top compared to March 2024. Lower and lower. March 2024 was a lower high compared to August 2022. The August 2022 peak price was part of a descending trend that started with the 2021 bull market all-time high.
So the sequence goes like this: May 2021 through February 2026, sustained long-term bearish action.
February 2026 produced the lowest price since January 2021, in more than five years. And this completes the cycle.
Ethereum Classic's weekly RSI just hit the lowest reading ever, it entered oversold territory. The lowest reading in more than 7 years. A reversal tends to happen around these levels and we have some early signals based on the double-bottom (higher low/lower low) that happened between October 2025 and February 2026.
I mention three distinct events because it is different depending on the exchange we use. On some exchanges, ETCUSDT produced a double-bottom, others a higher low as shown here while still others produced a lower low. That is, October 2025 vs February 2026. In all cases, the chart shows an overextended bearish move.
We will have a change of trend.
There will be strong growth now, Q1 2026 and this growth period will work as the base to support any future bearish action.
The market is oversold and overextended on the bearish side so fully ready for a rising trend. Buyers have been taking advantage of this situation buying like never before. There is always a correction after a bullish period and this time around this correction will end in a higher low thus supporting a new uptrend.
This uptrend starts in 2026, contrary to what most people believe.
Think of this; the reason why people expect a brutal bear market in 2026 is not just because, but because a crazy bull market precedes it. A crazy bull market in 2025 is easily followed by a brutal bear market in 2026. It is easy to predict a major bearish cycle at the end of a strong bullish cycle. Ethereum Classic did not produce such "awesome" or "amazing" bullish cycle in 2025. So there is no need for a brutal bear market in 2026, even though market conditions are already extremely bearish.
Ethereum Classic produced zero growth in 2025. There is nothing to correct. No correction is needed yet the market continued lower, but lower it can go no more.
The bearish trend lost all of its momentum more than four months ago. It is already old. It is already over, we are going up. Ethereum Classic is preparing to produce a strong reversal followed by sustained growth. Years of bullish action.
Namaste.
So the sequence goes like this: May 2021 through February 2026, sustained long-term bearish action.
February 2026 produced the lowest price since January 2021, in more than five years. And this completes the cycle.
Ethereum Classic's weekly RSI just hit the lowest reading ever, it entered oversold territory. The lowest reading in more than 7 years. A reversal tends to happen around these levels and we have some early signals based on the double-bottom (higher low/lower low) that happened between October 2025 and February 2026.
I mention three distinct events because it is different depending on the exchange we use. On some exchanges, ETCUSDT produced a double-bottom, others a higher low as shown here while still others produced a lower low. That is, October 2025 vs February 2026. In all cases, the chart shows an overextended bearish move.
We will have a change of trend.
There will be strong growth now, Q1 2026 and this growth period will work as the base to support any future bearish action.
The market is oversold and overextended on the bearish side so fully ready for a rising trend. Buyers have been taking advantage of this situation buying like never before. There is always a correction after a bullish period and this time around this correction will end in a higher low thus supporting a new uptrend.
This uptrend starts in 2026, contrary to what most people believe.
Think of this; the reason why people expect a brutal bear market in 2026 is not just because, but because a crazy bull market precedes it. A crazy bull market in 2025 is easily followed by a brutal bear market in 2026. It is easy to predict a major bearish cycle at the end of a strong bullish cycle. Ethereum Classic did not produce such "awesome" or "amazing" bullish cycle in 2025. So there is no need for a brutal bear market in 2026, even though market conditions are already extremely bearish.
Ethereum Classic produced zero growth in 2025. There is nothing to correct. No correction is needed yet the market continued lower, but lower it can go no more.
The bearish trend lost all of its momentum more than four months ago. It is already old. It is already over, we are going up. Ethereum Classic is preparing to produce a strong reversal followed by sustained growth. Years of bullish action.
Namaste.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
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Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน