There are indicators that suggest the correction may be ending, says Zaccardi.
Zaccardi is an American financial analyst specializing in investment funds.
Analyst and investor Mike Zaccardi says he will buy ether (ETH), the cryptocurrency of the Ethereum network, again this week. This, after having sold part of his exposure (which he carries out via ETF) for tax reasons in November.
According to explainsthere are technical signals that indicate that “the correction would be ending” and that the market could be in a phase of change.
Zaccardi, who is an American financial analyst specialized in markets and ETFs, remembers that 2025 has been a complex year for those who maintain this digital asset.
“Ether has disappointed investors this year,” he believes, considering that the currency approached $5,000 in late August and fell by 47% three months later.
The loss of the USD 4,100 support—a level that he described as critical— led ether to drop to the USD 2,600 areawhich Zaccardi identified as long-term support.
Despite this drop, the analyst maintains his positive view of the cryptocurrency launched in 2015. He explains that liquidated his position to take advantage of a tax loss. And it reiterates that it will enter ETH again when its sales period ends.
«I plan to buy it this week. My position in ether ETF will be just 0.5% of the portfolio,” he clarifies.
Ether shows relative strength against bitcoin
One of the central foundations of Zaccardi’s thesis is the relative behavior of ETH against bitcoin (BTC). It thus highlights that the digital currency shows relative strength for first time since Augustas seen in the following graph.
For Zaccardi, this behavior is clear: “I see that as a sign that the market’s bearish period could be over.”
This observation coincides with the upward breakout of the Relative Strength Index (RSI), an indicator that is exiting the bearish trend, as seen at the top of the first graph provided. According to Zaccardi, “this could be a bullish preview for the price of ETH.”
Despite this, the analyst warns that the $4,100 level remains significant resistance due to the volume of liquidity accumulated in that area. In his words, “the technical reading is not completely strong, but there are early indicators that point to the upside, for now.”
In this way, Zaccardi reinforces his analysis from last August, when he stated that this price represented a “key resistance” for ETH. In addition, he considered it possible that the cryptocurrency would climb to USD 6,800, as reported by CriptoNoticias.
In Zaccardi’s opinion, there are currently signs of possible stabilization. And he believes that, seasonally speaking, “there are tailwinds.” This, remembering that, historically, gains have been strong from December to May, “while volatility has been the main theme from June to November.” This is what it looks like below:
“I like to say that seasonality is secondary to the price, but it is a bullish factor to take into account,” he says, and remarks: “I see a breakout underway. The correction could be over. This, since ether “shows the first signs of a change in trend,” according to Zaccardi.