$ETH Macro Structure Update
Ethereum is unfolding a classic 3-phase market cycle:
- Parabolic Expansion (2020–2021) – Clean vertical move from sub-$300 to ~$4,800
- Range-Bound Reaccumulation (2022–2024) – 2+ years of horizontal chop, mid-range defined around $1,800–$3,500
- Anticipated Expansion (2025–?) –
First monthly HH (higher high) forming since 2021.
Monthly structure is aligning with previous expansion cycle
Timing matches historical cycle rhythm (~4 years). On-chain data supports supply compression
NEXT LEG COMING
