ETH Attracts $740 Billion as Ethereum Price Is Poised For A Recovery: Will This AI Presale Dominate In 2026?
A recent analysis conducted by top analysts hints at a potential reversal for ETH as the Ethereum price could be repeating historical gains in the near term. On the flip side, IntelMarkets is taking over the trillion-dollar crypto market with its dominating AI presale. So far, the platform has raised over $8 million, with massive inflows lined up for Q3 in 2025.
Ethereum Price Drops To $2,700: Analysts Predict Strong Reversal
With Bitcoin crashing under the $97,000 mark, the Ethereum price is struggling to maintain its support at $2,700. With a 24-hour drop of 4.26%, ETH is currently trading at a market price of $2,776. On the weekly front, the Titan of Crypto, a popular analyst on X, shared a bullish opportunity for the Ethereum price.
The current weekly candle for ETH is forming the third higher low from a critical support trendline, which signals a bullish reversal. Supporting the upside potential, the massive tail formation in the weekly candle has revealed strong support at lower levels for the Ethereum price.
The support trendline is part of a broadening wedge pattern for ETH, with the upper trendline projecting $5,338. This coincides with the 100% Fibonacci level, hinting at a new all-time high. Extending the bull run, the 161.80% and 200% Fibonacci levels at $7,321 and $8,546 become the primary and tertiary target levels for ETH.
Ethereum (ETH) To Repeat Historical Gains?
Adding bullish hope for ETH traders, crypto analyst Ted Pillows presented another bullish scenario. Over the past year, the Ethereum price trend has formed three long-tailed weekly candles, marking a bottom for ETH near the $2,000 psychological level. These occurrences happened in Q1 2024, Q3 2024, and Q1 2025.
Historically, the Ethereum price pumped nearly 90-100% over 8-12 weeks after forming such patterns. If this historical price trend continues, the Ethereum price is likely to break past the $4,000 psychological resistance. Based on Ted Pillows’ analysis, the breakout rally could extend to $8,000.
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