Can a Bear Market Start With Ethereum At $3,000?

Ethereum produced sideways action for 49 days, 7 weeks. Immediately after seeing this I realized the next logical step was a bullish breakout, and the market moved up. But this isn't all. Ethereum is still trading at $3,000, more than $1,800 away from its all-time high.

Now, thinking about the doubt that always creeps up when the market becomes bullish confirmed, I want to clear things up if at least for you. While others can continue to doubt and will continue to do so, many others will even SHORT and lose everything, you will be happy knowing that the market will experience additional growth. You will also be making profits as the market grows. You will be happy because you know for a fact, based on data, that we are set to experience sustained long-term growth.

A bear market can only develop after a bull market. A bull market ends in a major high or new all-time high. Current conditions for ETHUSDT are far from being "peaky." There is no new all-time high. Actually, prices are still relatively low.

First Ethereum needs to challenge its previous all-time high, create a new one and then we can talk about a bear market or correction. We know for a fact that Ethereum is bullish based on recent price action and the chart. We know for a fact that Ethereum will grow because Bitcoin is already high up. Ethereum is the #2 Crypto and what Bitcoin does it tends to follow.

Bitcoin is super strong but this is not to be confused as weakness. Weakness comes when the market has been growing for too long, growth becomes heavy and a drop happens next. Strength happens when the market has been sideways for months, breaks up and produces a major advance (now). This type of pattern predicts additional growth.

Bitcoin is the king and what Bitcoin does the rest follows. You can expect additional growth.

The reason why the bullish cycle is not yet over is because prices are still too low. Many altcoins are trading near all-time lows. Think about it. A bear market develops from all-time highs and bull markets develop from all-time lows. We are only at the start of a major bullish cycle, phase and wave.

The proof is in the chart. A major low was hit 7-April 2025, the lowest since March 2023. This marks the end of the correction and the start of the 2025 bullish phase. I don't know if Ethereum will grow for years or only for a few months. I know with 100% certainty that the Cryptocurrency market will continue to grow. You can bet your house on it.

Thanks a lot for your continued support.

Namaste.