Ethereum moved from below $2,220 and entered a Wyckoff phase that now aligns with a tested spring structure.
The setup shows a strong test candle, which confirmed the path toward LPS as the price crossed $2,480.
If the creek breaks with support above $2,520, Ethereum could push higher and possibly reach near $3,200.
Ethereum has moved into a potential breakout phase after forming a Wyckoff spring near the $2,200 support and now trades at $2,480.9. A new TradingView chart published June 26, 2025, indicates the asset may jump across the "Creek" and reach higher targets. Analysts are tracking critical levels that could confirm a rally to the $2,900–$3,200 range in the coming weeks.
Source: X Wyckoff Structure Points to Bullish Shift
The chart follows a clear Wyckoff accumulation pattern, beginning with Preliminary Support (PSY) and ending at the Spring phase. Ethereum formed its Automatic Rally (AR), Secondary Test (ST), and Buying Climax (BC) through May and June. A visible downward structure called the “Creek” developed during the decline from above $2,800.
After the “Test” of the Spring zone, the price has rebounded strongly above $2,440 and is now near the resistance at $2,520. The Last Point of Support (LPS) phase is now in progress. According to the schematic, a successful jump across the “Creek” may validate the end of Phase C and transition into Phase D.
Ethereum appears to be positioning for a Sign of Strength (SOS), typically seen before a steep continuation to the upside. Key resistance zones lie between $2,700 and $2,900, followed by projected breakout levels nearing $3,200. Price action from this stage will likely determine if the asset confirms the full accumulation cycle.
Jump Across the Creek Gains Traction
In Wyckoff theory, a jump across the creek signals a transition from accumulation to trend expansion. The chart outlines this move clearly, showing price moving above the resistance zone created by the descending channel. As of June 26, Ethereum has gained 2.52% in 24 hours, now trading at $2,480.9.
The price has successfully recovered from its Spring at levels below $2,220. The Test candle confirmed strong buyer interest, which propelled the price back into the mid-$2,400s. This shift suggests increasing market confidence and reduced selling pressure.
Once Ethereum breaks the $2,520 level and confirms LPS, analysts expect a move toward the $2,800–$3,000 range. A further rally may aim at the $3,200 mark, as indicated by the projected SOS line in the schematic. Each of these levels represents potential resistance and confirmation checkpoints for market participants.
Will Ethereum Complete Its Wyckoff Cycle?
This formation mirrors classic Phase D and E from Wyckoff theory, signaling a change from reaccumulation to full breakout. The layout also compares with the schematic shown at the bottom of the chart, which aligns closely with Ethereum’s current setup.
From May to June, Ethereum’s price formed all five major phases of the Wyckoff method. Traders noted the Spring and Test phases showed clear alignment with the traditional model. This increases the likelihood that the setup is technically valid.
As the asset approaches $2,520, the market watches for volume confirmation. The pivotal question remains: will Ethereum complete its cycle and hit $3,200, or will resistance hold? Analysts continue monitoring price action closely, especially if Ethereum jumps across the creek and holds above it.
