The post Ethereum towards reversal? Positive signals and movements appeared on BitcoinEthereumNews.com. Some positive forecasts are beginning to circulate regardingThe post Ethereum towards reversal? Positive signals and movements appeared on BitcoinEthereumNews.com. Some positive forecasts are beginning to circulate regarding

Ethereum towards reversal? Positive signals and movements

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Some positive forecasts are beginning to circulate regarding the trend and reversal of Ethereum’s (ETH) price.

To be honest, there are also negative forecasts circulating, but there are some signals these days suggesting an increased likelihood of a trend reversal. 

Additionally, there are also signals indicating a potential trend reversal for Bitcoin, which could significantly benefit Ethereum as well. 

The Trend Reversal

The trend reversal for the price movement of ETH was hypothesized on X by analyst Ali Charts. 

The analyst indeed states that Ethereum is showing signs of a significant structural shift.

His analysis therefore is not limited to the price action of ETH, but also includes the fundamentals of the Ethereum ecosystem. 

For example, from a technical analysis perspective, the price movement of ETH continues to oscillate within an ascending triangle that appears well-defined on the weekly chart.

In particular, the recent move towards $1,800 has represented a critical reaction point, aligning with the ascending trendline of this multi-year structure.

But there are also on-chain data suggesting a similar trend.

For example, the MVRV ratio recently dropped below 0.8, identifying a zone where Ethereum is typically considered “undervalued”.

In fact, when the MVRV ratio value is below 1, the ETH price is considered low, and the annual minimum peak reached at 0.8 points a few weeks ago aligns with similar peaks from previous bear-market years. 

Ali Charts writes: 

“Historically, this is a ‘generational buying’ zone. We have seen similar resets before the major bull rallies of the past.” 

Positive Forecasts for Ethereum

However, the analyst does not stop at noting that the local minimum peak might have been reached. 

In fact, it highlights how the “on-chain reset” indicated by the MVRV index occurring exactly at the same time as the price was testing the support of the ascending triangle significantly strengthens the bull thesis.

At this point, he ventures two predictions. 

The first is that the long period of sideways movement might be coming to an end, and thus a new bullish trend might be about to begin.

The second is that the first significant price level it could reclaim is $2,356, but in the long term, it might even push beyond $4,600, and perhaps even to $5,600. 

In fact, according to Ali Charts, there is even the possibility that if the price of ETH manages to surpass the previous high set around $4,900, it could potentially pave the way for a move towards $10,000.

Specifically, the analyst states that a hypothetical sustained movement above $2,356 would serve as the first confirmation that Ethereum is exiting an accumulation phase and entering a true bull expansion.

The hypothesis of Ali Charts is that Ethereum is currently within an optimal accumulation zone, with a price ranging between $1,800 and $2,000, and although the bull market is far from certain, the combination of technical support and on-chain buy signals is the strongest seen in a long time.

Adds: 

“Any dip within this range should be considered an opportunity, provided that the support at $1,800 remains intact”. 

The Accumulation Phase in Bitcoin

The fact is that an accumulation phase is also underway for Bitcoin. 

The most interesting feature of the accumulation phase in Bitcoin is that during this period, it is primarily the whales who are accumulating, while retail investors remain somewhat uncertain at times. 

The accumulation of BTC by whales began notably on Tuesday the 17th, with a significant difference. 

Not only are whales primarily accumulating, but American whales are buying mainly at prices around $69,800, while foreign whales are also buying around $71,200.

It is worth noting that in the previous weeks, whale accumulation was much less noticeable, with several long positions already closed around $70,000. 

Therefore, starting from early February, they bought at prices around $67,000, then sold in recent weeks at around $71,000. However, starting from last week, they began buying at higher prices, although it is still unclear whether their goals are short, medium, or long term. 

To be honest, given what has happened in recent weeks, it cannot be ruled out that whales have resumed accumulating BTC only to sell at higher prices in the coming days or weeks. However, the scenario depicted by Ali Charts on Ethereum might also be compatible with medium or even long-term prospects. 

Bitcoin and Ethereum

Generally, the price trend of BTC heavily influences that of ETH, while it is rarer for the opposite to occur. 

For example, the price of Ethereum in Bitcoin (ETHBTC) hasn’t moved much in the last month and a half. 

Previously, however, it had dropped significantly between the end of 2022 and mid-2025, only to rebound sharply in July and August of last year when ETHUSD went on to set new all-time highs. 

After that surge, which reached up to 0.043 BTC, there was a correction. 

Initially, this correction seemed mild, with a return around 0.033 BTC, but by the end of January, another occurred that brought Ethereum down to below 0.029 BTC. 

Last week, however, there was a rebound, but for now, it was a flash in the pan, as after climbing to 0.032 BTC, it then fell back below 0.030 BTC. 

However, if Ethereum manages to consistently stay above 0.033 BTC, Ali Charts’ hypothesis would be further strengthened.

Source: https://en.cryptonomist.ch/2026/03/23/ethereum-heading-towards-a-reversal-positive-signals-and-whale-movements-on-bitcoin/

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