A new technical analysis predicts that Ethereum (ETH) is poised for a massive price surge in the coming years. This prediction comes from renowned trader @TheLongInvest, who believes that ETH’s recent pullback is complete and signals the start of Wave 3, a powerful upward trend potentially reaching $5,300 by early 2026. This bullish outlook is supported by the alignment of several key factors, including robust DeFi activity, growing institutional interest, and a supportive Fibonacci support level at around $2,600. The potential for major gains comes as Ethereum’s ecosystem continues to expand, particularly in the DeFi and NFT space, driving transaction volumes up 15% month-over-month. However, risk management remains crucial as the market awaits a potential correction and bears could target ETH’s price around $1,400 if economic headwinds intensify.