Ethereum Could Slide Toward $700 Before Next Rally, Analyst Says

Crypto analyst Ali Martinez shared on X that the Delta Price model developed by Alphractal has previously aligned with Ethereum’s last two major market bottoms.

He explained that the indicator, which tracks the relationship between investor cost basis and miner production cost, is currently positioned near $700—an area that has historically signaled accumulation zones.

Building on this observation, he noted that if past behavior repeats, Ethereum could potentially revisit the $700 level before entering a longer-term upward phase.

At the time of reporting, ETH is trading at $1,659, reflecting a 1.7% increase over the past 24 hours.

Source: Ali Martinez