Ethereum Classic (ETC)

What is Ethereum Classic?

Ethereum Classic is the original version of Ethereum, born after the 2016 fork following the DAO hack. It maintains the principle of blockchain immutability and continues to use proof-of-work.

After Ethereum switched to Proof of Stake, ETC remained the only large-cap PoW EVM-compatible asset, attracting GPU miners who can no longer mine ETH. Its maximum supply of 210 million ETC makes it deflationary like Bitcoin over the long term, with halvings every 5 million blocks. ETC is supported primarily by Grayscale through its Ethereum Classic Trust.

Key data

Why analyse Ethereum Classic with machine learning?

ETC has a strong correlation with ETH: it follows the moves of its older sibling with a higher beta in many market phases. Mining cycles, including difficulty, hashrate and profitability, create predictable patterns tied to miner profitability. During periods of PoW narrative and criticism of PoS centralisation, ETC tends to outperform ETH.

How High Tide's analysis of Ethereum Classic works

Every day, the High Tide model analyses Ethereum Classic by combining multiple technical indicators: RSI to identify overbought and oversold conditions, MACD to detect momentum changes, and Bollinger Bands to measure relative volatility. The analysis also integrates the closing price, trading volumes and the trend over the last 24 hours. The model publishes an UP or DOWN signal only when all indicators exceed the minimum confidence threshold, filtering out weak or contradictory signals. Each prediction is verified after 7 days against real Binance data, continuously updating the accuracy statistics.