Dear Reader, let us discourse upon the plight of Ethereum, which, like a damsel in distress, continues to falter in its quest to ascend the coveted $2,000 threshold. Alas, each attempt to breach this barrier is met with a most unkind rejection, akin to a suitor spurned at the altar.
Mr. Ali Martinez, a figure of considerable repute in the realm of financial analysis, hath declared that Ethereum doth form a bullish flag. Yet, as with many a promising prospect, there lurks a most vexing caveat. ‘Tis not a mere oversight, but a most peculiar inversion, which, in truth, betrays a rather dire prognosis.
Ethereum $ETH doth form a bullish flag!
There’s but one twist… The chart is inverted.
– Ali Charts (@alicharts) February 20, 2026
This ‘inverted’ bullish flag, though seemingly a harbinger of hope, doth reveal a consistent downtrend, compressed into a tighter range of late. Mr. Martinez, ever the optimist, anticipates a grander move, albeit one that may plunge ETH to new local lows, a prospect as delightful as a rainy day at a ball.
Daan Crypto Trades, with a sigh of exasperation, hath noted Ethereum’s lamentable performance of late, which hath commenced the year in a manner even more dismal than its predecessor. ‘Tis a curious thing, how the market, in its capriciousness, hath severed all ties with other risk assets, rendering predictions as futile as a compass in a storm.
$ETH hath begun the year worse than last year thus far. Historically, March through May are good months for ETH.
But we know how the market is all over the place recently and that there’s been pretty much zero correlation with other risk assets.
This makes for an awful…
– Daan Crypto Trades (@DaanCrypto) February 21, 2026
Another most disheartening development within the Ethereum ecosystem is the ebb and flow of funds within the spot ETH ETFs. Last week, a most lamentable outflow of $113 million transpired, leaving investors in a state of despondency.
Contrast this with the prudence of BitMine, whose Tom Lee, a figure of considerable acumen, hath continued his astute accumulation. Last week, they acquired another 45,759 ETH, now holding a staggering 4,371,497 tokens, valued at nearly $8.7 billion. Yet, despite this, they find themselves down $8 billion, their average entry cost a most unfortunate $3,820. A tale of triumph and tribulation, indeed.
Read More
- XDC PREDICTION. XDC cryptocurrency
- USD VND PREDICTION
- AAVE PREDICTION. AAVE cryptocurrency
- MNT PREDICTION. MNT cryptocurrency
- USD JPY PREDICTION
- ETH PREDICTION. ETH cryptocurrency
- ENA PREDICTION. ENA cryptocurrency
- Bitcoin Ransom Scandal: NBC Anchor’s Mother Vanishes
- Paxful’s Peculiar Plight: $4 Million Penalty for Peddling Prostitution and Popping Pockets!
- Banks vs. Crypto: A Tale of Old Money and New Tricks
2026-02-21 14:30