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Ethereum Wave Count Predicts Price Crash To $1,800 — But $6,000 Is Still In Play

Summary by NewsBTC
Ethereum is still struggling below $3,000 despite the Bitcoin price sitting close to all-time highs. At the current levels, Ethereum continues to look incredibly bearish, with sell-offs dominating the market at this level. While piling shorts are pointing to a possible relief rally, there is also the possibility that the price will crash back down from here. Crypto analyst Weslad maps out the ETH price trajectory using the ABCDE wave structure, …
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Key insights: Ethereum hoarding addresses hit all-time highs, despite ETH price falling below 2021 highs The total value staked in ETH has been increasing rapidly since June, indicating increased long-term holder confidence. CryptoELITES chart analysts identify two cases of forgery and predict a breakout of $10,000. Ethereum price has attracted institutional attention. Hoarding wallets have hit new highs in token circulation and staking measure…

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The Market Periodical broke the news in on Saturday, July 5, 2025.
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