The accumulation of classic Wyckoff in Ethereum printing – Bull stage access?

Ethereum is trading above $2,500 now, with a fresh daily high of $2,609 as bullish momentum continues to build. After months of uncertainty and lateral action, the mood was strongly opposed to the Bulls. Optimism across the market is growing as Bitcoin breaks past $100,000 and refocusing on Altcoins, laying the foundation for a potential playoffs.

Ethereum recovered quickly from the trough, attracting the attention of top analysts. Among them, Ted Pillows shared a technical failure, emphasizing that the ETH reversal has officially begun. According to Pillows, the steep corrections earlier this year were below $1,400, marking the final stage of the surrender. He pointed to a textbook Wyckoff’s accumulation structure during this period, which suggests that the basic work is for a sustained bullish breakthrough.

The recent rally not only disrupted by key resistance levels, but also confirmed a higher daily timeframe, which could serve as a catalyst for Ethereum’s next leg. As the broader crypto market wakes up and capital rotations intensify, ETH appears to be leading the allegation, suggesting that the long-awaited AltCoins revival may eventually be underway.

Ethereum reversal indicates the beginning of a new cycle

After months of bearish pressure, Ethereum finally showed real strength. ETH has lost more than 66% of its value since peaking in late December, thus delaying most of the altcoin market. However, recent price action has changed sentiment. ETH has soared more than 85% since early April, surpassing several key resistance levels and recovering the $2,500 area with momentum. The shift has sparked optimism among analysts and investors, and expectations for the mid-quarter are growing.

For many, Ethereum’s breakthrough represents not only a short-term relief rally. It is seen as confirming a trend reversal. According to the pillow, the steep drop below $1,400 marks the final stage of the Ethereum correction cycle.

He noted that this stage is perfectly matched with Wyckoff’s accumulation principle, a classic structure that often precedes a major uptrend. With the mode now complete and ETH gathering violently, the Pillow believes the reversal is in progress.

His outlook is clear: ETH could hit $4,000 by the third quarter if the current momentum continues. He believes that the revival of Ethereum is not only a recovery, but also the basis for a wider Altcoin rally. With historical ETH, its strength will soon overflow into other undervalued assets.

Ethereum discovers resistance after explosive rally

Ethereum has undergone an extraordinary recovery, from its April low of about $1,370 to a new local high of $2,609 in a month, with nearly 90% gains. The chart shows a powerful breakthrough that will slice in previous resistance areas and securely exceed $2,500. However, the price has now paused the 200-day SMA for $2,701, while the 200-day EMA is $2,431, two important resistance zones in history.

Quantity is with price, which shows the strong participation and belief of the buyer. However, after hitting $2,609 at $2,609, ETH has begun showing signs of merger as daily candles undergo smaller tracebacks. This may indicate temporary exhaustion, as the bulls digest the recent gains. A brief callback or lateral movement in the area will be a healthy development before any attempt to break the $2700 resistance.

If Ethereum manages to recoup its 200-day moving average cluster with strong numbers, it could take its way to the $3,000 stage. On the downside, holdings above $2,400 will be the key to maintaining bullish momentum. With macro sentiment improving and Altcoins’ strength growing, ETH remains a key asset for viewing in the current cycle.

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