Ethereum Mirrors Stocks as ETH Price Chart Hints at ‘Final Surge’ to $8K

Cryptocurrency

Summary:

Ether’s current structure mirrors the Dow Jones’ 1980 bull run, with technical patterns reinforcing the ETH price rally outlook.

Key takeaways:

Ethereum could surge toward $8,000 as it enters the final phase of a long-term bullish pattern.

The pattern is strikingly similar to Dow Jones’ bullish structure from 1980.

Other indicators also hint at gains in Ethereum markets in the coming months.

Ethereum’s native token, Ether, is on the verge of a “final surge” toward $8,000, said analyst Gert van Lagen, who pointed to a striking resemblance between ETH’s current structure and a Dow Jones (DJIA) trend.

ETH pattern echoes 245% gains in 2022–2024

At the core of Lagen’s outlook is a “ textbook expanding diagonal.”

It is a broadening megaphone pattern, whose lower trendline has served as strong support to Ethereum’s previous major rallies since mid-2022, including a 245% rally in the November 2022-February 2024 session. Ethereum Mirrors Stocks as ETH Price Chart Hints at ‘Final Surge’ to $8K_1

Ethereum Mirrors Stocks as ETH Price Chart Hints at ‘Final Surge’ to $8K_1

ETH/USD bi-weekly chart with megaphone structure and Elliott Wave theory structure. Source: Gert van Lagen

On Monday, ETH traded midway between the pattern’s upper and lower bounds, rebounding from the lower trendline in March. It now eyes a run-up toward the upper trendline, sitting near the $8,000 level, by early 2026.

To support this thesis, Van Lagen pointed to a similar setup in the Dow Jones hourly chart from 1980, which followed an expanding diagonal before peaking. Ethereum Mirrors Stocks as ETH Price Chart Hints at ‘Final Surge’ to $8K_2

Ethereum Mirrors Stocks as ETH Price Chart Hints at ‘Final Surge’ to $8K_2

Dow Jones hourly chart (Year 1980). Source: Gert van Lagen

He further aligned this pattern with Elliott Wave theory, which breaks bull markets into five psychological phases.

Ethereum is now in its fifth and “final surge” wave, or the blow-off top. This is typically the most volatile stage, where momentum accelerates, price action becomes unpredictable and late buyers rush in.

Ascending triangle hints at 80% ETH price rise

Ether’s price technicals show it has reclaimed the multiyear ascending trendline as support and is now consolidating within a textbook ascending triangle pattern.

The triangle’s horizontal resistance zone between $3,900 and $4,150 is being tested. Ethereum Mirrors Stocks as ETH Price Chart Hints at ‘Final Surge’ to $8K_3

Ethereum Mirrors Stocks as ETH Price Chart Hints at ‘Final Surge’ to $8K_3

ETH/USD two-week price chart. Source: TradingView

A breakout above this range could trigger a measured move toward $7,150, about 80% above the current levels, and closer to the megaphone pattern’s target.

Macroeconomic tailwinds, including expected Fed rate cuts and ongoing Ether ETF inflows, may support ETH’s rally and limit downside risk, added Felix Xu of ZX Squared Capital, suggesting a $10,000 price case for Ether.

Consensys projects Ethereum’s base price to reach $4,900 by the end of 2025 and $15,800 by 2028, using a “cost-to-corrupt” model that links ETH’s value to the cost of attacking the network.

Source: Cointelegraph

Risk Warnings and Disclaimers

You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.

Risk Disclosure

The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.

Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.

Recent Searches

Top Searches

Markets

Analysis

User

24/7

Economic Calendar

Education

Data