Expert sets $2,500 trigger for Ethereum rally, outlines $4,900–$5,900 targets

Martinez says the next Ethereum bull run starts above $2,500. He calls this the “start engine” once ETH reclaims its realized price.

In an X thread, analyst Ali Martinez argues that a close back over $2,500 would put the average holder in profit and end the market “cooling period,” setting up a sustained rally source. He tracks Ethereum (ETH) through two technical paths.

He sees a potential ascending triangle. The “line in the sand” sits near $1,800, overlapping the 0.80 MVRV band around $1,880, a zone he calls the “Average Receipt” that has marked cycle bottoms and “extreme pain” before reversals source.

He also outlines a bearish alternative. If price is moving in a parallel channel, he watches the outer bounds near $1,550 and $1,070 for a deeper reset source.

Martinez uses URPD, the “market’s memory,” to map support. He highlights dense buy clusters near $1,584, $1,238, and $1,089 that could attract defending bids if tested source.

Above $2,500, he expects a “target‑rich environment.” The near‑term target is $4,900 from the triangle’s structure, with a longer‑term objective at the 2.40 MVRV band near $5,900, implying a new ATH if reached source.

Key levels Martinez tracks:
- Trigger to end “cooling period” $2,500 realized price source
- Support zone 0.80 MVRV band ~$1,880; “line in the sand” ~$1,800 source
- Parallel‑channel risk $1,550 and $1,070 source
- URPD buy walls $1,584, $1,238, $1,089 source
- Upside targets $4,900 and $5,900 (2.40 MVRV) source