Ethereum has completed the 'Test' phase in the Wyckoff re-accumulation pattern, suggesting structural support is now confirmed.
Current trading range lies between $2,403.59 and $2,510.28, with a successful retest reinforcing the $2,400 support level.
The transition from 'Spring' to 'LPS' signals potential strength building toward a ‘Sign of Strength’ (SOS) move above resistance.
Ethereum has now finalized its 'Test' phase within the Wyckoff Re-Accumulation schematic, according to recent chart data. As of June 26, ETH is trading at $2,465.64, reflecting a 1.8% increase over the last 24 hours. The cryptocurrency also shows a 1.3% gain against Bitcoin, now priced at 0.02295 BTC.
This development follows the 'Spring' and 'Test' phases, which often precede a breakout move. Analysts are closely monitoring whether Ethereum will confirm its next steps in line with this classic accumulation pattern. These structural milestones often align with renewed momentum, suggesting that market behavior is following established technical frameworks.
Breakout Structure Aligned with Wyckoff Phases
The Wyckoff chart reflects Ethereum’s price structure transitioning from the 'Spring' to the 'Last Point of Support' (LPS). Historically, this transition indicates strengthened support levels and renewed interest. The recent move past the ‘Test’ confirms prior liquidity absorption around the $2,403.59 support level.
Source: (X)
This price action has unfolded within a defined range, establishing the boundaries for the next phases. A visible ‘Creek’ has been crossed, pointing to growing buyer confidence. Each phase observed—ranging from the Automatic Rally (AR) to the Secondary Test (ST)—has validated the Wyckoff sequence to this stage.
Price Range and Volume Activity Provide Technical Context
Ethereum’s current 24-hour range stands between $2,403.59 and $2,510.28. This tight structure underpins the LPS formation above the Spring phase. Trading volume remains consistent with re-accumulation behavior, marked by increasing buy pressure near key levels. The ‘Jump Across the Creek’ shown on the schematic signals that resistance is gradually thinning.
Price behavior around $2,465 has historically faced friction, yet the successful retest at lower levels reinforces bullish structural elements. Notably, the pattern follows prior Wyckoff schematics where similar transitions preceded sustainable trend continuations.
Key Levels Define Path Forward in Current Market Structure
At present, Ethereum is navigating between support at $2,403.59 and resistance at $2,510.28. These levels form a narrow but critical trading corridor. The price has established consistency just above support, reflecting the tested strength of the current base.
With the 'Sign of Strength' (SOS) yet to materialize fully, the technical structure remains within its expected pathway. Any movement beyond the $2,510 level would mark a shift toward the next resistance band illustrated on the chart. Until then, Ethereum continues to adhere to the schematic’s projected course with observable accuracy.
