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Let's talk about the major trend of ETH this time.
According to Gann's time cycle theory, the short-term trend of ETH needs to be referenced against the latest movements of BTC. From a long-term perspective, ETH is expected to reach its bottom in October 2026, with the low possibly falling below $1000. Afterwards, it will enter a new upward channel, with the target to surpass $9000 by June 2028.
Honestly, as the second-largest cryptocurrency by market capitalization, this status is unlikely to change for a long time. The market structure has become relatively stable, and reversing Bitcoin's dominant position is very challenging.
Of course, this is just a cyclical theory-based forecast. The market is always full of uncertainties, and the actual development depends on real-time trends. Investors can use this as a reference, but decision-making should also consider their own risk tolerance.