Ethereum ($ETH ), the second-largest cryptocurrency by market capitalization, is showing signs of entering a classic Wyckoff Accumulation phase, a well-known technical setup that often precedes a major bullish breakout. With $ETH currently hovering around key resistance zones, analysts and traders alike are keeping a close eye on the next pivotal levels that could set the stage for a multi-phase rally.

🔍 What Is the Wyckoff Accumulation?

The Wyckoff Accumulation is a market phase where large players (“smart money”) gradually build positions after a prolonged downtrend or consolidation. It consists of several stages: Preliminary Support (PS), Selling Climax (SC), Automatic Rally (AR), Secondary Test (ST), and finally the Sign of Strength (SOS), leading to a breakout.

Recent $ETH price action aligns well with this pattern, suggesting the market may be moving into the Markup phase, where significant price appreciation typically occurs.

📈 Key Technical Levels for $ETH

According to recent market data and leading analysts:

• 📍 $3,100 is the next major resistance zone

Reclaiming this level would signal a breakout from the current range, though a brief correction is expected as traders take profit.

• 🎯 Target 1: $4,000

Breaking above $3.1K could send ETH to $4K. This zone, historically a psychological resistance, is expected to trigger increased momentum and institutional interest.

• 🚀 Cycle Top Prediction: $10,000 ETH

Based on long-term trend projections, macro adoption curves, and Ethereum’s evolving fundamentals (including Layer 2 scaling and ETF buzz), many analysts believe $10K ETH is achievable within this bull cycle.


📊 Ethereum Key Metrics (as of June 4, 2025)

🔹 Current Price: $2,820

📈 7-Day Change: +12.7%

💰 TVL in Ethereum DeFi: $67.5 Billion

👥 Active Addresses (30d): 8.4 Million

⛽ Gas Usage Surge: +19.3% month-over-month

📅 ETH ETF Approval Odds (Q3 2025): 65% (Bloomberg)

Ethereum is also leading in Layer 2 adoption, with networks like Arbitrum, Optimism, and Base collectively processing over 2.3 million daily transactions, a significant factor fueling bullish sentiment.

🛡️ Risk Management

While the setup looks promising, ETH remains volatile:

• Short-term retracements around $3.1K–$3.3K are likely.

• Macroeconomic events (rate cuts, ETF decisions) could impact crypto sentiment.

• ETH supply remains deflationary due to EIP-1559, but external shocks could delay bullish momentum.

Suggested strategy: Gradual entry on pullbacks, avoid overleveraging, and monitor on-chain metrics (like whale accumulation and L2 activity) for confirmation signals.

📌 Conclusion

Ethereum is flashing textbook bullish signals, with the Wyckoff Accumulation setup potentially setting the stage for a parabolic breakout. If ETH clears $3.1K and reclaims $4K, the path to $10,000 ETH becomes increasingly plausible, particularly with rising institutional interest, ETF rumors, and Ethereum’s deflationary economic model.

But as always in crypto, timing and risk control are key. While the fundamentals and technicals align, traders should watch the charts closely and prepare for volatility.

Note: This article is for informational purposes only and should not be taken as financial advice. Always do your own research (DYOR) before investing.

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