The chip distribution state of ETH on the weekly chart looks like it's wrapping up the rebound from 2022. At that time, the price failed to break through, and after a lengthy three-year downward trend, it has now returned to challenge the BOSS's door once again!

In 2024, it tested three times, all of which failed. In 2025, after cleaning up all the chips, there is really hope for a comeback!

By the way, since March 2024, the weekly chart has shown a descending expansion...

This is usually the behavior of extreme consolidation.