Max breaks down Ethereum’s market positioning, arguing that ETH is primed for a major move despite widespread bearish sentiment. He analyzes key chart patterns, seasonality, and historical trends to make his case for an upcoming "hated rally."
Ethereum Outlook
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ETH is at an inflection point after forming a bullish falling compression pattern with multiple successful holds at range lows.
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Three-drive pattern to the low suggests a reversal, as late shorters are now getting punished.
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Max believes this is the big push that will break resistance and drive ETH into price discovery.
ETH Sentiment and Market Positioning
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ETH has been heavily lagging compared to Bitcoin and other altcoins, with many traders giving up on it.
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Sentiment is at rock bottom, similar to past "hated" trades like XRP before its rally.
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Historical seasonal patterns show that ETH tends to perform best from December to May, aligning with a potential breakout.
Ethereum vs. Bitcoin (ETH/BTC Pair)
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ETH/BTC has retraced fully to a key support zone, aligning with the golden pocket (0.618 Fibonacci retracement).
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ETH historically outperforms Bitcoin in bullish altcoin cycles, and Max sees signs of that cycle setting up.
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The retrace mirrors previous cycle patterns where ETH lagged Bitcoin before a major catch-up move.
Broader Market Trends & Cycle Analysis
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Comparing ETH’s current cycle to past ones, Max notes a "mean reversion effect" where ETH tends to lag before catching up aggressively.
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A similar vertical rally happened in past alt seasons when underperforming assets suddenly surged.
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ETH may not immediately skyrocket, but a gradual grind up in February-March could set the stage for an explosive move later in the cycle.
Final Thoughts: ETH’s "Hated Rally" Is Coming
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ETH has all the right conditions for a major rally: extreme bearish sentiment, historical seasonality, and technical positioning.
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Bitcoin has led the market, but ETH is due for a catch-up trade similar to past cycles.
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Max recommends positioning ahead of the move rather than reacting late.
📌 Max advises traders to stay patient and consider ETH’s long-term upside rather than focusing on short-term FUD.