
Weslad, with the foresight of a prophet, points to the 2021 peak of Ethereum, when the price reached the dizzying heights of $4,851, as the moment when a grand symmetrical pennant began to form. This pennant, a pattern that has persisted for years, continues to play out even in 2025, four years later. The analyst, with a keen eye for detail, believes that Ethereum has been in a long-term accumulation phase, a corrective range that, like a coiled spring, could unleash a powerful surge. The formation of an ABCDE wave pattern, a pattern that often predicts the peaks and troughs of market cycles, suggests that Ethereum is currently in a D wave, a phase that, contrary to popular belief, is still bullish. “Currently, price action is developing near point D, approaching the upper boundary of the pennant, a crucial area that could define the next directional move,” the analyst muses. If this D wave plays out as expected, Ethereum could surge to levels above $3,500, a move that would be nothing short of miraculous. And if that weren’t enough, the formation of an Inverse Head and Shoulders Pattern, with $2,855 acting as a key resistance, could, if broken, propel Ethereum to new all-time highs above $6,000. The market, it seems, is a fickle mistress, but one who, if courted with patience and wisdom, might just reward her suitors with untold riches.