#ETH The pattern "Golden Cross" on the Ethereum chart promises growth to $3,000.

After a prolonged downtrend, Ethereum (ETH) is now signaling bullish trends, the most notable of which is the confirmation of the "Golden Cross" pattern, which often marks the beginning of a sustainable uptrend.

On the daily chart, ETH is forming a technical setup of a "Golden Cross," where the 50-day moving average crosses above the 200-day moving average. This could push the digital asset to the $3000 mark.

Additionally, there has been a sharp increase in accumulation by crypto whales. Over the past month, large investors have purchased a total of more than 450,000 ETH. Furthermore, since April, nearly 1 million ETH has been withdrawn from trading platforms.

As long as Ethereum holds above the critical support level of $2200, a jump to $3000 and even $4000 are realistic targets.