Ethereum Monthly: Bull-Bear Market & Transition Until 2029
$ETH
Ethereum closed five months red, something seen only once in the past in 2018 in a bear market. Needless to say, after such a strong bearish period the market produced an equally strong bull market.
Back in 2018 Ethereum went beyond five months red but this is the only time ever in its history, then now in 2025 this is the longest stretch of continued bearish action. This is good because we know that the market will produce a bull market that is many times stronger, just to balance things out.
These five red months resulted in a long-term higher low.
The bottom was hit at $1,385 in April, last month. This month we already have a full green candle going mid-way through February. All the loses incurred in April and March have been recovered.
The low last month hit levels not seen since March 2023. In March 2023 ETHUSDT was rising but produced first some bearish action; the month closed green. After more than eight months of consolidation it produced a major advance and the highest prices since the 2021 All-Time High.
This time it will be different. Ethereum will be rising steadily, month after month. Rather than sideways-neutral, up-up.
In 2024 there was a double top. March 2024 and December 2024.
In 2025 we will have one top, a blow-off top. So there will be only one chance to sell when prices are really high up.
It will grow steadily month after month as bullish momentum builds up. After several months, we will have a bull run reaching mania levels, euphoria, excitement and a very strong new All-Time High. After this phase is over, the classic bear market in 2026.
The bear market will produce a multi-year low price, then a period of consolidation, sideways-neutral, and then back again bullish, a major bull market in 2029. There will be growth in the transition years, 2027 and 2028. You can equate these with 2023 and 2024.
2022 was the last bear market.
2026 will be the next bear market.
2021 was the last bull market.
2025 is the next bull market.
2023-2024 were the transition years.
2027-2028 will be transition years.
Thank you for reading.
Namaste.