Ethereum (ETH) Wyckoff Setup Signals $10K Breakout After Whale Rotation
Whales are circling Ethereum again—and this time, the charts are screaming breakout.
The $10K Target
Forget sideways action. The classic Wyckoff accumulation pattern just printed on ETH's weekly chart, flashing a textbook signal that often precedes parabolic moves. It's not just technicals whispering—it's shouting. Large holders have been quietly rotating capital into ETH positions for weeks, building pressure behind a dam that's starting to crack.
Follow the Smart Money
Where do the big wallets go? That's the only question that matters. Recent on-chain flows show a decisive shift away from short-term speculative plays and into core blue-chip assets. Ethereum, with its staking yield and dominant DeFi ecosystem, is soaking it up. This isn't retail FOMO; it's calculated repositioning by players who move markets.
The Liquidity Engine
Every major rally needs fuel. The whale rotation provides just that—a massive liquidity injection that flushes out weak hands and sets a new, higher floor. Combine that with a clear technical breakout structure, and you get a recipe for a move that could redefine the altcoin landscape. The last time these stars aligned, we saw runs that made early believers look like geniuses (and left traditional finance pundits, who still think a 'blockchain' is something you put on a bicycle, scrambling for explanations).
The path to five figures is clearing. The only thing left to do is watch the dam break.
Ethereum Struggles Sideways Before Potential Rally
However, the crypto analyst, Ted, revealed that ethereum (ETH) is trading sideways. This is evident since there is little movement or strength either upwards or downwards. It should be noted that the $3,400 mark is being closely watched by traders and analysts since it still remains a major point of resistance.
Source: Ted
If Ethereum is not able to break above $3,400 successfully, then the odds of a retest of the support area of $3,000 become much more likely. Breaking past this critical point could quickly ignite renewed Optimism in the markets. Investors are watching for the next market direction at these critical levels.
Ethereum Wyckoff Setup Signals Breakout Above $10,000
Furthermore, another crypto analyst, Merlijn The Trader, emphasized that Ethereum is providing a classic masterclass in trading using the principles of Wyckoff, with such a clear accumulation pattern. Following a strong spring phase, which redistributed the weak lungs, a re-test at a superior level confirmed that the selling momentum is almost entirely taken out Currently, the last support point for ETH is being defended.
Source: Merlijn The Trader
If this much-anticipated pattern unfolds, Ethereum could break into a Phase E vertical markup, fueling strong upward momentum. Technicals are eagerly tracking ambitious targets over $10,000 as the overall market wakes up from its long slumber of consolidation. It is no secret that the plan is detailed to the letter, with everyone watching for the next major MOVE upward.
Also Read: Ethereum Eyes $3550 as ETH Follows bitcoin Momentum Across Key Levels