The pullback level fully aligned with expectations set on September 21, and the rebound also unfolded as anticipated. Although the timing was about 5 days later than expected, this is not a significant concern. If 2400 holds and triggers a rebound, the next target is around 2720. A direct breakout above 2720 is unlikely; instead, a consolidation range between 2400 and 2720 for one or more months is highly probable. A confirmed breakout above 2880 on the 4H chart would signal a true breakout, potentially targeting 4000 (though this is expected over a longer cycle, not immediately). In the case of a false breakdown, the lowest possible level is around 2150. For the price action of other altcoins, use ETH as a reference.
On September 22 and September 24, I indicated that a pullback was about to begin and identified ETH’s levels to watch at 2,550 and 2,400. After BTC reached its high on September 22, it failed to make a new high. Although altcoins experienced a second leg upward (which led me to consider a potential rise toward 89,000), this did not materialize, and the market instead moved directly lower. Currently, BTC has pulled back to 82,800 and ETH to 2,550—both of which have reached my observed range. A rebound is possible here; if support is broken, I expect the next targets to be 79,000 for BTC and 2,400 for ETH. If ETH reaches 2,400, a strong rebound is almost certain.
The market (B&E) has retraced from the level we indicated for a pullback (85,200 / 2,720), but has not broken below it. Therefore, we present several possible adjustments: 1. The original scenario remains possible: a break below around 79,000 around October 4. 1.1 The more bearish variant of the original scenario: a break below around 76,000. 2. 82,800 remains a strong support level and fails to break effectively. For B, E, and S, I maintain the expectation that spot positions can be fully accumulated from October 4 onward: https://t.co/lICH0tOfDm
As expected avalanche-2:native near:native https://t.co/AdSrvkrb6e
Opinion: Ethereum: Native 2725 is a key level—every time this level has been touched since 2024, it has resulted in consolidation or a pullback. This rally has not yet reached 2725; once it does, I expect a pattern similar to previous occurrences. The best-case scenario is a 1- to 3-month consolidation range between 2380 and 2725; the worst-case scenario is a pullback to around 2150. This conclusion is based solely on Ethereum’s price chart, without considering Bitcoin’s movement. Breaking above 2725 does not guarantee safety; the highest false breakout level so far is 2880 (June 2025). The good news is, if Ethereum closes daily above 2880, it almost certainly confirms a direct move toward at least a 4000 price target. 4000 is the minimum target price following a breakout above 2725 after the subsequent pullback ends.