Long term projection here for $ETH and I like how it is looking now for its next bull run, having comfortably completed Wave 2 in June 2022 and has been slowly drifting up since then.
I do not think the big moves have started yet and I like how this has been lagging $BTC, money will rotate soon.
We can see that the 200 Day MA has been the main support line here since 2020, even holding in mid 2022 too, it also held support in mid 2023 too and since bouncing on this level, it has broke into the bull case.
I can see $ETH hitting close to $3k in the short term before running to $8800 for Wave 3 at the 1.618 Fib by the end of 2025.