@crypto-nium
This $ETH cycle is looking a lot like BTC’s 2017–2021 run… almost too close.
I mean back then, $BTC:
– Nuked 85% from peak
– Rebounded 350% from the bottom
– Dumped another 72% after a local top
– Then went on a 17x run to the final cycle top
$ETH has done the first two legs perfectly.
– Dropped 85% from ATH ✅
– Rallied ~350% off the lows ✅
– Currently down ~56% from its local top ❗️
(And maybe more pain left…)
If $ETH follows $BTC ’s path, that final flush could take us down to $1.3K–$1.4K
Which ironically, is the same level ETH hit in Jan 2018. That would be the maximum pain scenario... a full 7-year round trip.
But here’s the catch:
That’s exactly what happened to $BTC in 2020 before it flipped and ran 17x..
So if ETH’s about to finish its flush… it might just be getting ready for the real run.
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