Ethereum Poised for V-Shaped Recovery: 3-Stage Path to an Uptrend, Says Analyst IamCryptoWolf

COINOTAG News, October 27 — veteran crypto analyst @IamCryptoWolf highlighted Ethereum (ETH) trading action after a dip to around $1,500, outlining a three-stage framework: an initial V-shaped recovery, followed by a consolidation phase, and then an eventual uptrend.

His analysis suggests the current consolidation represents the second stage, with the projected uptrend forming the third. He notes that the developing pattern could resemble chart formations seen in major assets such as TSLA, alongside benchmarks like gold and the URA ETF, offering a cross-asset lens to crypto market analysis.

These observations trace back to his TradingView work published in 2014, and he maintains a substantial following of roughly 113,000 on X, underscoring the credibility of his crypto research within the community.