🚨 Ethereum Chart Alert — Wyckoff Structure in Play 👀📊
Ethereum’s $ETH price action is shaping up like a textbook Wyckoff accumulation, and this setup is getting hard to ignore.
$ETH has been compressing between ~$3,050–$3,400, showing balance rather than weakness. Earlier this year, we saw a classic spring below $1,500, followed by a fast recovery — a key Wyckoff signal that strong hands were accumulating.
The rally toward ~$4,950 marked a selling climax, setting the current range. From a Wyckoff perspective, ETH appears to be transitioning from Phase D into Phase E — the stage where real upside momentum usually begins 🚀.
🔍 Why Phase E matters Phase E is where price leaves the range with strength, breaks resistance, and enters a sustained markup. If ETH clears overhead supply, expansion can be fast and aggressive.
📈 Projected path (not a straight line) • Break to new highs
• Temporary rejection near ~$5,000
• Healthy pullback to a Last Point of Support (BU/LPS) around ~$3,750
• Hold that level → structure confirms strength
If that sequence holds, higher targets open up — potentially toward $10,000+ over time 💥.
⚠️ Reality check This is a probability-based structure, not a promise. Macro conditions and liquidity still matter. But technically, ETH is behaving like an asset preparing for expansion, not distribution.
Smart money builds quietly.
Breakouts come later.
