Ethereum: Dubious Speculation
Benjamin Cowen · · 26:45 · Watch on YouTube
As of . Updated hourly as new videos are read.
BTC near publication: $86,6704-hour candle close · 26 Jan 2026, 00:00 UTC · BTC/USDT
ETH near publication: $2,8174-hour candle close · 26 Jan 2026, 00:00 UTC · ETH/USDT
On Bitcoin
Changed since their last video: cycle went from leaning down to expecting down.
Views
- This cycle (next 6–18 months): Expects down (timeframe is our reading):
And I believe that Bitcoin is in a bare market. And that's not a bad thing, right?
▶ 01:58 Said again while their call of 6 Oct 2025 was open, so it counts once; that call was right: 123.5k when said, 85.8k on 6 Oct 2026 (−30.5%).
Their own position: Not said.
On Ethereum
Changed since their last video: months flipped up to down; cycle went from expecting down to leaning down.
Views
- Next months (next 2–6 months): Leans down:
but what I think makes the most amount of sense is for Ethereum kind of slowly bleed down here into the fair value into the summer months.
▶ 10:46 The call was right: 2.82k when said, 2.11k on 26 May 2026 (−25.0%). - This cycle (next 6–18 months): Leans down (timeframe is our reading):
Now we're stuck in the regression band for a while and then hopefully we can bet out of that next cycle.
▶ 26:10 Said again while their call of 7 Oct 2025 was open, so it counts once; that call was right: 4.51k when said, 2.57k on 7 Oct 2026 (−43.0%).
If this, then that
- If Ethereum gets above the 21-week EMA on a couple of weekly closes, then no target given (next months):
if Ethereum can get above the 21week EMA on a couple of weekly closes, then I'll pivot and I'll say
▶ 22:45
Levels named
- 2.4k: Target (50% drawdown from the all-time high, as in the last two cycles):
50% down puts you closer to like 2400 or so, which I do think Ethereum will likely get to again.
▶ 14:10 - 2k: Target (log regression trend line fair value):
And that'll essentially put Ethereum around that fair value, which is approximately $2,000, right?
▶ 10:52
Their own position: Bought. and that was where I publicly said I'm buying Ethereum for the first time this cycle.
Dates named
- Bank of Japan possible rate hike, undated:
In fact, the Bank of Japan might have to raise rates again soon, which historically has not been a good thing for crypto.