<div id="readability-page-1"><div>Ethereum shows signs of strength, but the bullish picture only emerges on an inverted chart. On the standard view, the downtrend remains intact until key resistance is reclaimed, making the current optimism conditional.Inverted Structure Reinforces Ethereum Bearish HTF OutlookPresenting an inverted chart in a recent update, Mizer explained that he has been short on Ethereum for several days, outlining what he believes could unfold on the higher time frame (HTF). Mizer clarified that this doesn’t necessarily plan to hold the full position to his projected targets, as he prefers focusing on lower time frame (LTF) opportunities given the difficulty of forecasting HTF moves in the current macro environment.According to Mizer, Ethereum’s HTF structure remains clear: a distribution phase followed by consistent breakdowns since the $5,000 peak. A parabolic curve formed off that top is a key indicator of this pattern, noting that the price has respected it for months. Until that parabola is decisively broken and price holds above it, the broader downtrend remains intact.Zooming into the current price action, Mizer highlighted a strong impulse move into this zone marked by a purple line. This area represents a significant support/resistance flip on the inverted chart: previously resistance, it was broken and now functions as support. Mizer is now closely watching the small blue box on the right side of the chart, which represents the current consolidation following the impulse. Two Scenarios From ConsolidationThe analyst further explained that from the current consolidation zone, there are two primary scenarios unfolding: either continuation after a shallow pullback, or a brief fake breakdown followed by a swift reclaim before the next leg higher on the inverted chart, which would translate to further downside for ETH itself.He described the purple path on his chart as his “ideal” bullish scenario on the inverted structure, essentially tracking price as it continues to respect the long-standing parabolic curve. As long as that parabola remains intact, the broader bearish trajectory remains his base case.Regarding targets, he divided expectations into short- and long-term objectives. The immediate target sits around $1,700, which he views as the first logical area to take profits and monitor for a potential reaction strong enough to challenge or even break the parabolic resistance.The final target lies near $1,400, representing the larger extension if momentum fully plays out. However, he emphasized that the setup would be invalidated if ETH loses the key flip zone and begins accepting below it on the inverted chart, a move that would break the parabola and potentially signal a broader trend reversal.</div></div>

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Ethereum shows bullish signs on an inverted chart, but the standard view indicates a downtrend until key resistance is reclaimed. Analyst Mizer, who has been short on Ethereum, notes a distribution phase since the $5,000 peak. He identifies a significant support/resistance flip and outlines two scenarios: a continuation after a shallow pullback or a fake breakdown. Immediate profit targets are set at $1,700 and $1,400, but the setup could be invalidated if ETH falls below the key flip zone on the inverted chart.

- Ethereum displays potential strength, but this is only clear on an inverted chart, as the standard view shows a persistent downtrend until key resistance is reclaimed.  
- Analyst Mizer highlights an ongoing distribution phase from Ethereum's previous $5,000 peak, noting two possible outcomes from current consolidation: continuation after a pullback or a quick breakdown followed by a recovery.  
- Immediate profit targets are set around $1,700 and $1,400 for longer-term projections, but the broader bearish trend remains unless ETH maintains above a crucial support zone on the inverted chart.

Ethereum Price Looks Bullish, But Only On The Inverted Chart