Ethereum’s Secret Divergence: 100% Surge or a Joke?

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One Javon Marks, a man of dubious repute, has unveiled a peculiar theory regarding Ethereum’s potential to ascend to stratospheric heights, despite the current market’s penchant for resembling a deflated balloon. This so-called ‘Hidden Bull Divergence’-a term as enigmatic as a riddle wrapped in a mystery inside an enigma-has allegedly sparked visions of Ethereum soaring past its erstwhile peak of $4,900, a feat akin to a penguin winning a race against a cheetah.

Ethereum’s Ambitious Ascent Amidst Cryptic Patterns

In a missive penned on X, Mr. Marks posited that Ethereum, in its current state, is engaged in a most peculiar dance, maintaining a ‘larger Hidden Bull Divergence Pattern.’ With such a chart, one might imagine a squirrel attempting to navigate a labyrinth. According to this sage, a full-fledged recovery could see ETH surge 140%, a feat requiring more faith than a priest in a den of thieves. His accompanying diagram, a masterpiece of ambiguity, suggests a $5,000 target by mid-year-a goal as likely as a parrot reciting Shakespeare.

Despite Ethereum’s current struggle to breach the psychological $2,000 threshold, Mr. Marks assures us that a ‘strong possibility of a larger bull reversal’ looms, much like a shadow cast by a particularly dramatic cloud. He further speculates that ETH might yet reach $8,500, a figure so lofty it would make a kite envious.

Meanwhile, the venerable Standard Chartered, that paragon of financial wisdom, has lowered its year-end target for ETH from $7,000 to $4,000, a decision as thrilling as a wet blanket. The bank also predicts a potential plunge to $1,300, a scenario as plausible as a teapot launching a space mission.

Standard Chartered attributes this pessimism to a decline in ‘institutional demand,’ a phrase as vague as a cryptic note left by a ghost. Like the elusive Bitcoin ETFs, the ETH ETFs have continued to record significant net outflows, a trend so predictable it could be forecasted by a toddler with a crystal ball.

Ethereum’s Perilous Descent to $1,136

Another sage, Trader Tardigrade, warns of a ‘Bearish Pennant’ forming, a pattern so ominous it could make a vampire reconsider its diet. According to this oracle, Ethereum might plummet to $1,136, a price so low it would make a discount store blush. The analyst notes that ETH is consolidating within converging trendlines, a situation as stable as a house of cards in a hurricane.

Trader Tardigrade, ever the optimist, suggests that a drop below the current range could trigger a ‘sharp move down,’ sending ETH to the aforementioned $1,136. Yet, he remains bullish in the long term, predicting a $7,000 rally once the chaos subsides. A man of contradictions, this one.

At the time of writing, Ethereum is trading at around $1,968, a figure that, in the grand scheme of things, is not entirely unreasonable. One might even say it’s a veritable oasis in the desert of despair.

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2026-02-17 22:16