Technical analysis of the 3-week chart outlook shows that ETH is nearing the top of the Golden Triangle formation that survived the coronavirus crash, the 2022 bear market, and the ongoing correction in 2026. According to the analyst who first identified it, what happens next What lies at the top of that structure could determine Ethereum’s trajectory for years to come.
Ethereum’s 9-year structure
Ethereum's three-week candlestick chart starts near the lows early in the market cycle, leading to the 2020 coronavirus crash, 2022 bear market, and and the latest fix Since the all-time high of $4,946 in August 2025.
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The upper bound of the formation is a horizontal trendline near the $4,800 to $4,900 range. Ethereum has struggled with lateral resistance, including during its peak in 2021 and its return to record peaks. But the floor has defined the larger bull market trend for almost a decade, making it a more important part of the structure.
Trends have been tested in every major recession, but the structure is not broken yet Closing price below the support trend line on a 3-week candlestick. That's why the current position on the chart is more than just a normal support test. According to a crypto analyst who goes by the name Crypto Tice on X: this is the moment true. This triangle has survived everything the market has thrown at it, and nothing it is currently facing.
Where will Ethereum go from the Golden Triangle?
The Golden Triangle currently leaves two scenarios in Ethereum. The first is the bullish path, which depends on whether ETH continues to maintain its long-term upward support line. The key breakdown level is $1,950, which means Ethereum needs to close the current 3-week candlestick above this level to sustain the 9-year structure.
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A successful sustainment above $1,950 will keep Ethereum within the triangle and give the bulls a chance to push the price back to the top of the structure. From there, next important The notable price level is $4,350. That would change the defense to a breakout structure and give analyst Krypto Theis' expected price target of $10,000.
second The scenario is bearish. A break and multiple candlestick closes below $1,950 would carry far more weight than a typical pullback, as Ethereum would be pushed beneath the upswing support that has guided the market through the coronavirus crash and 2022 bear market. Such a move would negate the golden triangle theory and imply that the nine-year bullish structure has finally broken.
At the time of writing, Ethereum was trading at $1,575, down 6% and 22% in the past 24 hours and 7 days, respectively. However, there is still time for Ethereum to surpass $1,950 by the end of June.
Featured image from iStock, chart from Tradingview.com
