$ETH is only down about 10% from its recent local highs, yet it's gained nearly 50% this month — a strong sign that the uptrend remains intact. ETF inflows are increasing, and major firms are raising over $1B to accumulate ETH.
It looks like another major move is on the horizon. 🚀
The Wyckoff accumulation pattern appears to be unfolding, with the dip below $1.4K likely marking the final capitulation. ETH has now reclaimed a key support level.
The next target zone is $3K–$3.2K, which may see some short-term corrections. After that, we could see a push toward $4K in Q3. A weekly close above $4K would likely ignite the next major rally.
