Ethereum mixed: Bullish vs bearish vs extreme buy-opportunityEthereum/USDTOKX:ETHUSDTMasterAnandaHow you decide to interpret this chart is always 100% up to you. You are life, you are divine, you are blessed; you have the freedom of thinking whatever you want. We can choose to look at and consider the positive side, just as we can focus on the negative. The chart can be interpreted as mixed with some doom and gloom lurking behind the scene. It can also be interpreted as an extreme buy-opportunity. Ethereum is trading below $1,800 and this is the "buy-everything" space and zone. Just as it was a major win to buy everything below $2,000 for a nice 20% profits within weeks; the situation has been improved. The buy-everything opportunity will now give us a minimum of ~40% (twice as much) but can go as high as 100% in a matter of months. From $1,700 to $3,400. I am choosing the positive interpretation for this chart. Low prices & bottom recovery, the smart money accumulation phase. Do you think traders were buying at resistance after months of growth? What are they doing now? Think about it... When Bitcoin was trading above $80,000 after months of growth, we saw how the traders developed a bearish view of the market and started to sell; sell at resistance, buy at support. The situation has been reversed. We have the raw data. The action is now happening at support and recently moved below support, traders turned bullish and are buying. Perfect synchronicity with the market flow. The market goes down, the market goes up. After a bearish period, we are justified in expecting a wave of growth. For Ethereum it was different though, instead of a 30 days drop, the drop lasted almost two months. That's a long time for a correction with this chart structure and the end result was a minor lower low. The fact that two months produced such a weak low shows that sellers ran out of ammunition after having control of the market for so long. Ethereum continues to trade as a higher low compared to April 2025. A full blown bear market, August 2025 through June 2026, and the support level that started it all remains unchallenged. Food for thought. Where do you think the market is headed next? Namaste.