Ethereum’s recent performance has been illustrated in various ways across social platforms, with one chart in particular from analyst Ash Crypto (@Ashcryptoreal) gaining traction.
At first glance, the image suggests a major breakdown is coming, emphasized by a double top formation, a bearish technical indicator, with a support line around 3,950.
However, closer inspection reveals a fundamental detail that alters the interpretation entirely. The price axis is inverted, with values increasing as they move downward. This reversal means the chart does not depict a collapse but rather the opposite, with a double bottom formation that could send ETH to a new all-time high.
$ETH EXIT PUMP COMPLETED.
THE BIGGEST CRASH HAS NOW STARTED 🤯 pic.twitter.com/SpXv0Vp7h3
— Ash Crypto (@Ashcryptoreal) August 20, 2025
Analyzing the Inverted Chart
The orientation of a price axis is not a minor feature. It defines whether a move is upward or downward and transforms familiar chart patterns. With an inverted axis, a sequence resembling a double top is actually a double bottom.
The asset began forming that double bottom pattern in June 2024, and experienced a notable decline before rising with the rest of the market in late 2024. However, it encountered resistance and experienced an even steeper decline in 2025, falling to around $1,300, and getting outperformed by other top assets.
In this instance, the highlighted breakdown through the yellow horizontal level corresponds to a breakout above it under conventional charting standards. This difference matters because traders and observers often respond as much to visuals as they do to numbers.
In Ash Crypto’s chart, the dramatic arrow pointing lower intensifies the impression of collapse, yet the underlying numbers suggest a contrasting story once the chart is read correctly.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
Understanding the Data Correctly
The chart in question uses three-day candles, and its highlighted region near $3,950 appears to show support failing, yet when interpreted with the axis flipped back to a normal orientation, the same movement reflects strength. Ethereum is shown rising above that resistance zone, not losing support.
While some believed Ethereum would lose its spot at the top of the altcoin market, the sentiment has begun to shift. At the time of the analysis, ETH traded above the resistance line at $4,223, and predictions like these suggest the asset won’t dump easily.
Instead of beginning a steep decline, the sequence depicts a significant recovery relative to the earlier months on the chart. With ETH potentially on its way to a new all-time high, many experts have positioned themselves to capitalize on the upcoming surge.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on X, Facebook, Telegram, and Google News
