Benjamin Cowen Says Ethereum Will Suffer in 2026 and Explode in 2027
Benjamin Cowen Says Ethereum Will Suffer in 2026 and Explode in 2027
Ethereum (ETH) has re-entered its historical regression bands, beginning a tedious base-building phase for a potential large-scale rally.
Benjamin Cowen, founder of IntoTheCryptoverse and a veteran trader, said in a video uploaded to his YouTube channel on February 9 (local time) that Ethereum has returned within its logarithmic regression bands and outlined the direction of the current cycle. Citing past cases, Cowen analyzed that Ethereum is likely to spend a significant amount of time within the regression band range to form a support base. He added that “remaining within the regression bands throughout 2026 is an essential process for building a healthy foundation for the next bull market.”
An analysis of the Ethereum/Bitcoin pair, which represents Ethereum’s relative value against Bitcoin (BTC), suggests the possibility of a macro double-bottom formation. Cowen assessed that Ethereum’s relative underperformance during Bitcoin bull markets is unfolding similarly to past cycles. In particular, as seen in 2019, a true bottom is expected to be confirmed when Ethereum reaches the lower end of the regression band, and given the extended quantitative tightening period in this cycle, the bottoming process could be larger in scale and longer in duration.
According to the model, Ethereum’s fair value is estimated to be around $2,000. Cowen warned that an additional decline of 30% to 44% from current levels cannot be ruled out, with the price potentially falling to the very bottom, or “basement,” of the regression bands. For an extreme drop of around 44% to occur, a macroeconomic downturn would likely be required, and December 2026 is most frequently cited as the probable timing for the final bottom in the Ethereum/Bitcoin pair.
Cowen characterized 2026 as fundamentally a bearish year and urged investors to prioritize survival above all else. The current environment, in which bubbles and weak projects are being flushed out of the market, is a long-term positive signal for core assets. After enduring a painful base-building process, Ethereum is highly likely to experience a strong bull market between 2027 and 2028.
Ethereum is currently resting within the logarithmic regression bands as it prepares for its next journey. It is expected to fully solidify its bottom by reaching lower price levels in the second half of this year before beginning a meaningful rebound. Rather than reacting emotionally to short-term price fluctuations, investors should maintain a long-term perspective aimed at the major rally expected in 2027 and endure the market stagnation of 2026.
*Disclaimer: This article is for investment reference only and does not take responsibility for any investment losses incurred based on its content. The information provided should be interpreted solely for informational purposes.*
<저작권자 ⓒ 코인리더스 무단전재 및 재배포 금지>
|
  많이 본 기사
English 많이 본 기사
|
