Two Scenarios From Consolidation The analyst further explained that from the current consolidation zone, there are two primary scenarios unfolding: either continuation after a shallow pullback, or a brief fake breakdown followed by a swift reclaim before the next leg higher on the inverted chart, which would translate to further downside for ETH itself.
He described the purple path on his chart as his “ideal” bullish scenario on the inverted structure, essentially tracking price as it continues to respect the long-standing parabolic curve. As long as that parabola remains intact, the broader bearish trajectory remains his base case.
