The analyst provides a long-term analysis for ETH/USDT. He notes that long-term predictions are difficult due to changing world events. He indicates that he is bullish on Ethereum until early 2026. The first target is between 5250 and 5750, based on Fibonacci extensions, slightly above the psychological level of 5000. He notes a bullish divergence with TVL growing even with prices at similar levels compared to June and December 2024. He expects an uptrend, a rally into the 4500-4800 range and possibly a pullback down to 3000 before the move upwards. He also mentions to be looking to hit a secondary target on the 6000's, what would depend on ETH treasury companies at the time