Ethereum Sits In ‘Demand Zone’ For 5 Years According To Analysts

Ethereum prices have risen to bear market declines and are currently in a long-term demand zone, analysts say.

“Ethereum is sitting on a 5-year quest,” analyst Merlijn The Trader said on Monday. “Historically, this list has been a collection, not a distribution,” he added.

Ether prices are currently back to April 2025 levels, where they briefly crashed below $1,500. They also returned to a long-term decline between July 2022 and November 2023, which was a deep bear market and accumulation point. However, they can’t go around this level for months at the moment.

Nevertheless, the analyst remains convinced that “pressure is increasing for a potential explosion.”

ETHEREUM IS AT A 5-YEAR DEMAND ZONE.

Complete entries are not available.

Historically, this range
it has been accumulation, not distribution.

You don’t need the floor directly.
You need exposure before expansion.

Large foundations do not drift.
They are expensive. pic.twitter.com/0TQ23J2Lnx

— Merlijn The Trader (@MerlijnTrader) February 23, 2026

Ethereum is a long-term investment

Investor ‘StockTrader Max’ said Ethereum is no longer a “get-rich-quick” asset that turned shareholders into overnight millionaires. They also noticed that ETH was still in the accumulation zone for five years.

“If you own ETH to make a lot of money next week or month, then you will probably be disappointed. Ethereum is an asset that should be held in most portfolios with a time horizon of years NOT months.”

Another analyst ‘Sykodelic’ pointed to “a nice hidden divergence printed on the weekly chart.” A hidden bullish divergence is when the RSI (relative strength indicator) makes a lower low, but the price makes a lower low. “It means the momentum was really strong, but the price took it better,” they said before adding:

“The last time this happened, ETH made 100%.

“Crypto has a lot of tailwinds, but price action is negative,” said Fundstrat’s Tom Lee.

Ethereum’s DAT BitMine continues to buy dip and pole, adding another 51,162 ETH last week, according to Monday’s update.

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“During this ‘mini-crypto winter,’ our focus continues on implementing our treasury strategy and gradually acquiring ETH and, in turn, improving the yield of our ETH assets,” he said.

The price of ETH is going up again

Ether could not hold above $1,900 and returned to $1,830 at the time of writing during the Asian trading session on Tuesday morning.

The stock is now not far from its low on Feb. 6 and doesn’t seem ready to move to the next level yet, despite all the good fundamentals.