Crypto Currency Tracker logo Crypto Currency Tracker logo
Crypto Potato 2026-01-29 22:17:24

Ethereum (ETH) Charts Signal Déjà Vu as Bulls Eye $10K

Ethereum (ETH) is trading around $2,850 after a failed attempt to reclaim the $3,000 level. The asset is down almost 5% over the past 24 hours and nearly 4% over the last week. ETH Mirrors 2024 Structure, $4K in Sight? Analyst Heisenberg shared a chart that compares the current ETH move to a similar setup seen in 2024. Back then, it fell 47%, moved sideways for about 92 days, and then rallied 47%—topping near $4,000. The current chart shows the same 47% drop, followed by a 33% bounce, and now entering another period of consolidation. Heisenberg said the base could last until February 21, 2026, if it follows the same timeline. A similar move would put $4,000 back in focus. RSI is also starting to strengthen, matching conditions seen ahead of the 2024 rally. $ETH Tossing the Ethereum bulls a de ja vu bone here. I mean why not? For fun. Could work. Might not. But we gotta try. See you back at $4,000. pic.twitter.com/OSn3dCiNvE — Heisenberg (@Mr_Derivatives) January 29, 2026 Moreover, another chart, shared by Sykodelic, indicates a potential cup-and-handle formation on the monthly timeframe. This pattern began forming after the 2021 peak and has developed over the last four years. Ethereum is now in what looks like the handle phase of the structure. Sykodelic sees $10,000 as a reasonable minimum target. That would be about twice ETH’s all-time high of around $4,950. “ It makes me laugh when people scoff at a $10K target, ” they said, noting that it’s only a 2x move from the previous top. The setup suggests a long-term breakout may be building if the price clears previous highs. Wedge Formation Could Push Price Higher Another setup shared by Dami-Defi shows ETH forming a falling wedge on the 3-day chart. This pattern often leads to an upward breakout when it forms after a decline. ETH is currently near the top of the wedge and approaching a key decision point. Indicators are starting to shift. RSI is moving up from 43, and MACD is flattening out. Both suggest momentum could be changing. “ We’re near that breakout point, ” Dami-Defi said, adding that traders are waiting for a confirmed move above the wedge to trigger potential upside toward the $3,900–$4,300 range. We’re seeing is $ETH forming a wedge on the 3D Right now, we’re near that breakout point, so we’re watching for a decisive move above or below the wedge. If we break above that upper trendline and hold, you’re looking at a potential upside pic.twitter.com/U39LzqGOIM — Dami-Defi (@DamiDefi) January 29, 2026 Despite recent price volatility, Ethereum’s network growth continues. As CryptoPotato reported yesterday, the number of non-empty ETH wallets has surpassed 175.5 million, the highest among all cryptocurrencies. Over 5.1 million wallets were added in 2026 alone, showing steady user participation. The post Ethereum (ETH) Charts Signal Déjà Vu as Bulls Eye $10K appeared first on CryptoPotato .

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen