Ethereum is Sitting at 5-year ‘Demand Zone’ According to Analysts

Ethereum costs have tanked to bear market lows and are at present at a long-term demand zone, say analysts. 

“Ethereum is sitting at a 5-year demand zone,” mentioned analyst Merlijn The Dealer on Monday. “Traditionally, this vary has been accumulation, not distribution,” he added.

Ether costs are at present again at April 2025 ranges, the place it crashed briefly beneath $1,500. They’re additionally again to long-term lows between July 2022 and November 2023, which was a deep bear market and accumulation zone. Nonetheless, they may wallow round this degree for months but.

However, the analyst stays assured that “momentum is constructing for a possible explosive run.”

ETHEREUM IS SITTING AT A 5-YEAR DEMAND ZONE.

Good entries don’t exist.

Traditionally, this vary
has been accumulation, not distribution.

You don’t want the precise backside.
You want publicity earlier than enlargement.

Large bases don’t drift.
They reprice. pic.twitter.com/0TQ23J2Lnx

— Merlijn The Dealer (@MerlijnTrader) February 23, 2026

Ethereum is a long-term funding

Investor ‘StockTrader Max’ said that Ethereum is now not a “get wealthy fast” asset that turned early holders into millionaires in a single day. In addition they noticed that ETH was nonetheless in a five-year accumulation zone.

“Should you personal ETH to make some huge cash by subsequent week or month, then you’ll probably be disenchanted. Ethereum is an asset that must be held in lots of portfolios with a time horizon of years and NOT months.”

Fellow analyst ‘Sykodelic’ identified a “good hidden bullish divergence printed on the weekly chart.” A hidden bullish divergence is when the RSI (relative energy index) makes a decrease low, however the worth makes a better low. “It implies that momentum was really stronger, however worth absorbed it higher,” they mentioned earlier than including:

“The final time this occurred, ETH rallied 100%.”

“Crypto has a variety of tailwinds, however the worth motion is horrible,” mentioned Fundstrat’s Tom Lee.

His Ethereum DAT BitMine continues to purchase the dip and stake, including an extra 51,162 ETH over the previous week, according to a Monday replace.

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“Within the midst of this ‘mini crypto winter,’ our focus continues to be on methodically executing our treasury technique and steadily buying ETH and, in flip, optimizing the yield on our ETH holdings,” he mentioned.

ETH Worth Dips Once more

Ether couldn’t maintain above $1,900 and has fallen again to $1,830 on the time of writing through the Tuesday morning Asian buying and selling session.

The asset is not distant from its Feb. 6 low and doesn’t look like prepared for a transfer to the upside but, regardless of all the constructive fundamentals.