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#2025GateYearEndSummary
$ETH Faces a Bull Trap, Not a Breakout
Analysts are pouring cold water on Ethereum's upside in 2026.
Ben Cowen says ETH is unlikely to record new highs next year, and even a return to the $4,878 ATH could be a bull trap, not a breakout.
In his words, the risk isn't missing the rally; rather, it is getting trapped in it before a drop back toward $2,000.
For ETH, the next big move may be about distribution, not discovery. What are your thoughts?