2026-01-18 20:43:26

The triple bottom pattern for Ethereum has been confirmed, with the next target set at $5000.

According to historical patterns, whenever three identical bottom formations occur, the price tends to break through to new highs. This time is no exception—the $2.8k bottom is the final support level, followed by an upward channel.

Currently, ETH has broken through $3.3k, with a gain of 23%. This is not a coincidence but a natural result of technical pattern validation. Looking back to August 2020, after the same triple bottom pattern appeared, a strong upward trend followed.

In this cycle, we see the same signal. When such technical patterns appear, the market usually follows this logic—bottom confirmation, then space to grow. The current price action just confirms this. The $5000 target doesn't seem far off.

ETH-2,64%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
4
Repost
Share

Comment

0/400

GasFeeCrier

· 3h ago

Triple bottom? Ha, it's that same story again. Is it always this way? Anyway, I’ve never successfully bottomed out. Wait, are we really going to hit 5k? Then I’d better quickly add to my position; I can't afford to miss this wave again. Will history repeat itself? I remember the last time it was said like this, I got trapped for three months. First, let's see if we can hold steady at 3.3k. Don't just keep talking about target levels; being grounded is the real key.

View OriginalReply0

RektRecovery

· 4h ago

nah this triple bottom narrative is exactly what i warned about last cycle... "inevitable" patterns until they're not lol. seen this movie before, 2020 playbook doesn't auto-repeat fr

Reply0

tx_pending_forever

· 4h ago

The triple bottom is back again. I heard this story last year, and it broke through... Is this time really different?

View OriginalReply0

MetaMisery

· 4h ago

It's the same explanation again... triple bottom, historical patterns, always so confident about it, but is 5k really that close? I trust the technical analysis, just worried about another black swan.

View OriginalReply0