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Crypto analyst Crypto Patel shared a monthly Ethereum chart on April 3, 2026, and said ETH is retesting a long-term accumulation zone between $2,000 and $1,400. He said the structure remains inside a multi-year ascending channel that has been held since 2017. Patel linked the setup to earlier reactions from the same trendline. He said prior touches led to strong upside moves. He also posted three targets for Ethereum: $10,000, $25,000, and $50,000.
The image showed Ethereum against the US dollar on the monthly timeframe. Two rising blue trendlines formed a broad ascending channel around price action. The chart header identified the pair as Ethereum / US Dollar and the timeframe as 1M. It also showed the image was created with TradingView on April 3, 2026.
A green band marked the area Patel called the accumulation zone. That zone sat around $2,000 to $1,400 and aligned with the lower half of the channel.
Further up, the chart mapped a projected path with several swings inside the channel. That route pointed toward a higher green zone near the top boundary.
In the caption, Patel said the channel has held strong since 2017. He placed the current retest near the lower boundary rather than near the upper resistance. He described the $2,000 to $1,400 range as a retest of the accumulation zone. He also said strong support sits below that area.
Patel tied the setup to a repeated pattern on the chart. According to his post, each major touch of the trendline led to a sharp advance afterward.
Can Ethereum hold that zone long enough to keep the channel intact?
Patel listed three price objectives in the post. The first stood at $10,000, the second at $25,000, and the third at $50,000. He said those levels remain possible if momentum continues within the channel. The chart presented the current retest as a key stage in that structure.
The post also used the phrase “next wave of crypto millionaires” to describe the scale of the setup. Patel paired that message with a call for patience.
At the same time, he added a cautionary note at the end of the post. He labeled the chart as not financial advice and urged readers to do their own research.
Ethereum remains inside a long-term ascending channel while retesting a key support area between $2,000 and $1,400. Crypto Patel’s chart points to upside targets of $10,000, $25,000, and $50,000 if the structure holds. The main takeaway is that traders will likely watch whether this support zone continues to hold.
