Crypto analyst Leshka.eth is sticking with a bullish long-term view on Ethereum, forecasting a fresh all-time high and a potentially explosive rally.
In a recent breakdown of the ETH/BTC chart, Leshka.eth points to a repeating three-stage pattern that preceded Ethereum’s dramatic 2017 ascent: a prolonged consolidation at low levels, a multi-month accumulation phase of price chop, and then a powerful rally. That last cycle — which began with consolidation in 2016 — culminated in a roughly 1,500% surge, lifting ETH from about $56 to a $1,151 peak.
According to the analyst, a similar sequence is playing out again but on a much larger timescale. The initial consolidation this time spanned 2018–2021, followed by an extended accumulation phase from 2021–2026. Because each stage has stretched out over years rather than months, Leshka.eth argues the eventual breakout could be far more explosive.
Fundamental factors add to the case: institutional buying has increased and on‑exchange ETH balances have been steadily falling, tightening available supply. Putting the technical and macro signals together, the analyst projects a 3–4x move from current levels — a rally that would push Ethereum to at least $6,000 and possibly above $8,000, clearing its previous ATH.
As for timing, Leshka.eth has suggested the run could materialize within the next six months, and explicitly predicts new all-time highs by 2026 — meaning the market could see steep upside relatively soon if the thesis plays out.
This is an analyst’s forecast and not investment advice; as always, market outcomes can differ from projections.
Read more AI-generated news on: undefined/news
