Technical analysis of the 3-week chart forecast shows that Ethereum is pressing on top of the golden triangle formation that has survived the Covid collapse, the 2022 bear market, and the ongoing correction of 2026. According to the analyst who first recognized it, What will happen next? At the top of this structure may determine the course of Ethereum over the next several years.
Ethereum’s nine-year structure
3-week Japanese candlestick chart highlights a long bullish support line starting near the early market cycle lows and extending through the 2020 Covid crash, the 2022 bear market, And the last correction Since its all-time high in August 2025 at $4,946.
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The upper boundary of the formation is a horizontal trend line, ranging around the $4,800 to $4,900 range. Ethereum has struggled around that horizontal resistance, including during the 2021 peak and again during its return to record highs. However, the lower bound was the most important part of the structure because it defined the larger trend of the bull market for nearly a decade.
Every major pullback has been a test of this trend, but the structure Not broken yet With a close below the support trend line of a 3-week candle. That is why the current situation on the chart is more than just another routine support test. According to a cryptocurrency analyst who goes by the name Crypto Tice on This is the moment the truth. The triangle has survived everything the market has faced, but nothing it has faced can compare to where it is now.
Where does Ethereum go from the Golden Triangle?
The Golden Triangle now leaves Ethereum with two scenarios. The first is the upward path, which is based on ETH continuing to hold its long-term upward support line. The important breakout level is at $1,950, which means Ethereum still has to close the current 3-week candle above this level to keep the 9-year structure alive.
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A successful consolidation above $1,950 would keep Ethereum inside the triangle and give the bulls a chance to push the price back to the upper band of the structure. From there, The next important thing The price level for the watch is $4,350. This would turn the defensive setup into a breakout structure, with Crypto Tice analyst expected target of $10,000.
the second The scenario is bearish. A breakout and multiple candle closes below the $1,950 level would carry much more weight than a normal pullback because it would push Ethereum below the bullish support that led the market during the Covid crash and the bear market of 2022. Such a move would invalidate the Golden Triangle Theory and mean that the nine-year bullish structure has finally failed.
At the time of writing, Ethereum is trading at $1,575, down 6% and 22% over the past 24 hours and seven days respectively. However, there is still time for Ethereum to return above $1,950 before the end of June.
Featured image from iStock, chart from Tradingview.com
