Let’s talk about ETH. Aleng will first give the conclusion: Ethereum, which is pointed at by thousands, is likely in an accumulation period. Aleng suggests building a position in Ethereum in batches at the price levels of 1750 and 1500. If there’s another significant drop during the day, the risk-reward ratio is very favorable. If the accumulation period runs as planned, the prospects are 4800 and 6000.
Good evening, family. I believe you’ve seen me say that Ethereum at 4800 can no longer hold back my hands, preparing to take action. Don’t be in a rush; let me explain my viewpoint.
✨ ETH market performance
1) Meets Wyckoff accumulation cycle
As of March 11, 2025, the ETH daily chart trend basically meets the requirements of the Wyckoff accumulation cycle, whether it’s the panic sell-off to 2080 in Phase A or the volume drop after a rebound in Phase B. This also means that while you may be cutting losses, institutions and large holders are secretly accumulating. Aleng has already established a position in ETH at 1780; details can be referenced on the homepage. Whether to add to the position later will depend on the trend. Perhaps some friends are curious why not build a position in Phase C or Phase D. This is also Aleng's gamble; no one can refuse a price that seems to be at the bottom, at least not Aleng. If ETH is in the second type of accumulation cycle, you may not encounter a lower price than this week’s price in the future. This is also the reason why Aleng established the initial position.
2) Entering a strong support consolidation area
From the candlestick chart, we can see that as ETH weakens and breaks the upward trend line, it has now entered the consolidation area of the previous bear market cycle. Some friends may think that entering the consolidation area of the bear market cycle should mean going bearish, so why buy? Let’s think from another angle; during a Federal Reserve rate-cutting cycle, even if ETH enters the consolidation area of the previous bear market cycle, how much lower can it drop? This position is a strong support area. Let’s think from the worst perspective; even if Ethereum breaks the previous bear market cycle low of 880, if you buy Ethereum at this price, the maximum floating loss will only be 50%. But if the accumulation cycle plays out and the Federal Reserve cuts rates and releases money, the returns you gain could far exceed +50%. If not now, when then?
✨ ETH auxiliary indicators
1) Daily MACD
This doesn’t need much explanation; MACD has three bottom divergences, signaling a bottom. Those who understand will understand, family.
2) RSI indicator
RSI indicator severely oversold, a divergence appeared during yesterday's dip to 1750, indicating a potential trend reversal.
✨ Economic situation
Recently, Trump's tariff policy has been aggressive, artificially creating an economic recession. The goal is to force the Federal Reserve to cut interest rates, which also means hot money will flow out. At this time, ETH, which is at a low level, will become very attractive.
✨ News
1) ETH's Prague upgrade
ETH's upgrade has been postponed repeatedly, with the Prague upgrade in April and accumulation in March. What do you all think of this script? By the way, every ETH upgrade has led to a rise; it’s just a matter of when you buy. Sometimes the timing is right, but the price is wrong. If you bought at 2800, you can only leave your chips and walk away from the table.
2) Staking of the Ethereum ETF
I don't know if you all have noticed, but since the sharp drop of ETH, we have gradually thrown this news aside. But it hasn't ended; the staking applications have been ongoing, it’s just that everyone has overlooked it. One day when staking is approved, it will be a strong positive for ETH. There’s no such thing as a positive being realized; only after it’s approved can you stake, and once staking is available, more people will buy. The more people buy, the more it will rise, and the ecosystem will improve. A chain reaction.
✨ Whale institutions
In a word, the Trump family bought at 3000, Brother Sun bought at 3000 and 2600, and Bybit topped up at 2800. Now if you buy, you are even more impressive than them. This can be considered a confidence booster but isn’t necessarily a reason for rising; it barely counts as a reason for your holdings.
🥶 Summary: I copy his bottom, he copies my home? The above is Aleng's personal insight. If it infringes on others' interests or affects others' feelings, please forgive me. You can take Aleng's opinion as a reference. Aleng has already jumped in; let’s meet at the peak! ETH to the moon!!!