The distribution of chips on the ETH weekly chart looks like it is wrapping up the rebound from 2022. At that time, the price failed to break through, and after a prolonged 3-year decline in the exchange rate, we are now back to challenge the door of the original BOSS!

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

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

This is usually a behavior of extreme washout.