Ethereum Flashes Classic Wyckoff Pattern – Is the Bull Run Loading?

Ethereum’s price action is painting a textbook Wyckoff accumulation phase—the same setup that often precedes violent upside. Traders are leaning forward in their seats.

The Setup:
After months of sideways chop, ETH’s consolidation mirrors the ’spring’ phase of Wyckoff’s model. Volume profiles and rejection of lower lows hint at smart money quietly accumulating.

The Signal:
A decisive break above the current range high ($4,200) could trigger algorithmic buying frenzies. Of course, this being crypto, some hedge fund VP will inevitably call it ’a structural paradigm shift’—right before dumping his bags on retail.

The Stakes:
If the pattern holds, Ethereum might not just break its ATH—it could enter price discovery mode. Just don’t check the SEC’s Twitter feed that day.

Ethereum Reversal Signals The Start Of A New Cycle

Ethereum is finally showing real strength after months of bearish pressure. Since peaking in late December, ETH lost more than 66% of its value, dragging much of the altcoin market down with it. However, recent price action has flipped sentiment. Since early April, ETH has surged over 85%, pushing past several key resistance levels and reclaiming the $2,500 zone with momentum. This shift has sparked optimism among analysts and investors, with growing expectations of an altseason taking shape.

For many, Ethereum’s breakout represents more than just a short-term relief rally. It’s being seen as the confirmation of a trend reversal. According to Pillows, the steep drop below $1,400 marked the final capitulation phase in Ethereum’s correction cycle.

He notes that this phase aligned perfectly with Wyckoff accumulation principles — a classic structure that often precedes major uptrends. With the pattern now complete and ETH rallying sharply, Pillows argues that the reversal is underway.

His outlook is clear: ETH could reach $4,000 by Q3 if current momentum holds. He sees Ethereum’s resurgence not just as a recovery, but as the foundation for a broader altcoin rally. With ETH historically leading altseasons, its strength could soon spill over into other undervalued assets.

Ethereum Finds Resistance After Explosive Rally

Ethereum has staged a remarkable recovery, rallying from April lows around $1,370 to a new local high of $2,609 in just over a month—a gain of nearly 90%. The chart shows a powerful breakout that sliced through previous resistance zones and brought ETH firmly above the $2,500 mark. However, price has now paused right below the 200-day SMA at $2,701 and the 200-day EMA at $2,431, two historically important resistance zones.

Volume has surged alongside the price, signaling strong participation and conviction from buyers. But after touching $2,609, ETH has started to show signs of consolidation as the daily candle prints a minor retrace. This could indicate temporary exhaustion as bulls digest the recent gains. A brief pullback or sideways movement around this zone WOULD be a healthy development before any attempt to break the $2,700 resistance.

If ethereum manages to reclaim the 200-day moving average cluster with strong volume, it could set the stage for a move toward $3,000. On the downside, holding above $2,400 will be key for maintaining the bullish momentum. With the macro sentiment improving and altcoins gaining strength, ETH remains a key asset to watch in the current cycle.

Featured image from Dall-E, chart from TradingView