← All videos

Ethereum: Dubious Speculation

Benjamin Cowen · · 18:04 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $121,8464-hour candle close · 7 Oct 2025, 16:00 UTC · BTC/USDT

ETH near publication: $4,5124-hour candle close · 7 Oct 2025, 16:00 UTC · ETH/USDT

On Bitcoin

No change since their last video.

Views

  • Next months (next 2–6 months): Leans up: So, we said Bitcoin will likely put in a new all-time high in Q4. ▶ 14:18 The call was wrong: 121.8k when said, 74.1k on 4 Feb 2026 (−39.2%).

If this, then that

  • If weekly closes by Bitcoin below the 50-week moving average, then no target given (this cycle): if we get weekly closes by Bitcoin below the 50week moving average, which is now around 101K, then there's a good chance the cycle would be over at that point. ▶ 06:49

Levels named

  • 101k: Their view is wrong past this (Weekly closes below the 50-week moving average would signal the cycle may be over): if we get weekly closes by Bitcoin below the 50week moving average, which is now around 101K, then there's a good chance the cycle would be over at that point. ▶ 06:49

Their own position: Not said.

On Ethereum

Views

  • Next weeks (next 2–6 weeks): Sideways (timeframe is our reading): So apparently the way I see it playing out is in the short term, you're likely going to see continued chop in this range so that the bull market support band catches up. ▶ 03:11 The call was wrong: 4.51k when said, 3.3k on 6 Nov 2025 (−26.9%).
  • Next months (next 2–6 months): Leans up (timeframe is our reading): What I think's going to happen is it'll chop for a while. It'll then break through, go into the market cycle top, and then we'll get the 2026 bare market. ▶ 17:43 The call was wrong: 4.51k when said, 2.15k on 4 Feb 2026 (−52.3%).
  • This cycle (next 6–18 months): Leans down (timeframe is our reading): go into the market cycle top, and then we'll get the 2026 bare market. That's how I see it playing out. ▶ 17:48 The call was right: 4.51k when said, 2.57k on 7 Oct 2026 (−43.0%).

If this, then that

  • If Bank of Japan raises rates at the end of October, then no target given (next weeks): if if the Bank of Tran does raise rates at the end of October, it could just be a nice final low that Ethereum might form before going into its final rally ▶ 16:54

Levels named

  • 4k: Support (Ethereum has generally found support when it comes back down to 4K): but anytime it comes back down to 4K, it generally finds support. ▶ 10:34

Their own position: Sold. I was skimming a little bit in preparation for the pullback.

Dates named

  • Bank of Japan possible rate hike in late October, undated: there's like a 55 to 60% chance arguably that the Bank of Japan might raise rates in late October.