Ethereum has shown many interesting technical signals on the weekly chart. The conventional bearish divergence previously accurately predicted a significant downtrend, but now a hidden bullish divergence has appeared in the chart—this usually suggests that the market may experience a rally in early 2026.

More interestingly, a beautiful 5-wave impulse pattern can be seen in the price structure. This type of movement often indicates a trend breakout to the upside. Combining these signals, the future direction of Ethereum looks relatively clear.

From a technical perspective, this is indeed a good entry point for bulls. Although there may still be some short-term fluctuations, the larger cycle trend signals are pointing in the same direction. For investors optimistic about the long-term prospects, this could be a good position to establish a long position.