Old Man PlanD, bless his heart and his charts, is talkin’ about Ethereum again. Seems heās got a notion, a real strong feelin’, that this here ETH is gonna climb. Even after it took a bit of a tumble this past week – a ten-and-a-half percent dip, enough to make a fella clutch his wallet – heās predictin’ twenty-one thousand dollars by the end of ’25. Twenty-one thousand! Makes a man wonder if he’s been sniffin’ too much digital dust. š
Ethereum’s Gettin’ Ready to Jump – Triangles and Shoulders, Oh My!
PlanD, over on that X thing, laid it all out. Been watchin’ this ETH doin’ its thing for a quarter now. Broke outta a triangle thatād been holdin’ it down for four years, climbed all the way up to $4,953. A triangle, you see, is where the price just kinda mulls around, doesn’t know which way to go. But when it busts outta the top, well, that’s usually a good sign… unless it’s a trick. š
He says this recent dip, these last two weeks of lookin’ a little peaked, was just a test. Testin’ that old resistance around $3,900. It bounced off, like a tumbleweed in a dust storm, and now itās headin’ up again. First stop, $5,900, if this āinverse head and shouldersā thing works out. Sounds like a chiropractorās convention, donāt it?
Now, this head and shoulders, it’s supposed to mean things are turnin’ around. Like a tired mule finally decidin’ to walk forward again. If it hits that $5,900 mark, PlanD figures itāll just keep climbin’, aimin’ for that twenty-one grand by next year. Folks are startinā to dream of early retirement, I reckon. Though I’ve seen plenty of promises evaporate into thin air in this life. š¤
Whatās Happenin’ With the Market Right Now?
As of right now, ETH is sittin’ at $4,001. Not much movin’, really. But folks aināt tradinā as much, volume’s down nearly sixty percent. Thatās like a ghost town in here. Fees for messinā with the blockchain are down too, meaninā fewer folks are botherin’. But here’s a quirky bit: more ETH is beinā taken off the exchanges than put on ’em. That usually means folks are holdinā on tight, hopin’ for a rise. Smart folks, maybe. Or just stubborn ones. š¤
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2025-09-28 15:24