Ethereum market outlook sees a turning point. A senior trader's technical analysis indicates that the recent decline in ETH may have come to an end, with a potential to break through the upward channel established since April last year. Based on this assessment, a reasonable short-term target is around $5,413, and if taking a more aggressive stance, $7,155 is also possible. If this rebound materializes, it would be a significant boost to the overall market sentiment.

ETH5,8%
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GhostAddressMinervip
· 6h ago
What kind of "senior trader" is that? I directly look at on-chain data—those large wallet addresses starting with 0x and their abnormal fund flows over the past two weeks are the real signals, okay? Why is the number 5413 so consistent? I suspect there is a funding agreement behind it.
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GasFeeTherapistvip
· 6h ago
Another technical analysis from a "senior trader." I bet five bucks this one will also be proven wrong.
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PaperHandsCriminalvip
· 6h ago
Here we go again. Will this rebound hold? I was thinking the same thing last time, and as a result, I became a cautionary tale.
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FrogInTheWellvip
· 6h ago
A turning point? Wait a moment, I've heard this kind of rhetoric too many times... But this time, the technical aspect does seem a bit interesting. Let me bet on 5413, but 7155 feels a bit too dreamy. Why does it always say "the end is near," only to keep falling... I know this routine too well. I'll believe it when it truly breaks through the upward channel. Until then, anything else is pointless.
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LightningHarvestervip
· 6h ago
Here we go again with this? Every time you say it's bottomed out and it keeps falling, I just want to ask if this time is real or not.
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0xSleepDeprivedvip
· 6h ago
5413? I just want to see if it can break 7k. Anyway, it has to break through for it to be a real turning point.
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