Ethereum (ETH) is showing strong structure across key technical models and on-chain data. Analysts tracking long-term patterns suggest ETH could be nearing the end of a multi-year accumulation phase. With the price holding support near $3,000, some see conditions forming for a move toward the $5,000\u2013$7,000 range.<\/p>\n
Bitcoinsensus shared a monthly chart that follows the Wyckoff Accumulation Schematic. Based on the chart, Ethereum is in the final stages of the pattern, moving from Phase C into Phase D. The recent bounce from the Last Point of Support (LPS) points to renewed demand.<\/p>\n
At press time, Ethereum is priced around $3,100. A move above $4,000 would be viewed as a Sign of Strength (SOS) under Wyckoff rules. If that breakout holds, the next targets could range between $5,000 and $7,000. This range reflects the projected move following a full accumulation cycle.<\/p>\n
$ETH<\/a> MONTHLY ACCUMULATION NEARLY COMPLETE <\/p>\n Wyckoff Phase C \u279d D transition unfolding<\/p>\n Strong bounce from LPS signals demand returning<\/p>\n Break above $4K = SOS confirmation \u2192 $5K\u2013$7K target?#Ethereum<\/a> #Wyckoff<\/a> pic.twitter.com\/AgWrq0UN14<\/a><\/p>\n \u2014 Bitcoinsensus (@Bitcoinsensus) January 8, 2026<\/a><\/p>\n\n In addition, analyst Egrag Crypto presented<\/a> an inverted Ethereum chart to compare the current price structure with past cycles. He noted that each cycle has shown longer accumulation with less volatility. He explained, \u201cA \u2018drop\u2019 here = ETH breakout on the real chart,<\/em>\u201d due to the inversion of the visual.<\/p>\n His chart outlines a first resistance zone at $3,800\u2013$4,500. If those levels flip into support, the $6,000\u2013$7,500 area becomes possible. He added that the only risk case would be a retest of the $1,800\u2013$2,200 area before a breakout.<\/p>\n Moreover, the short-term structure remains intact if Ethereum holds the $3,000 level, according<\/a> to Merlijn The Trader. He noted that a push above $3,360 could set up a move to $3,600. The current pullback is viewed as part of a normal range.<\/p>\n Merlijn The Trader shared<\/a> data showing that the asset wallets holding 10,000 to 100,000 ETH have been increasing their balances. This trend began in 2025 after a multi-year decline in whale holdings. The increase has continued even as the price remains near $3,000.<\/p>\n \u201cThis isn\u2019t momentum chasing. This is strategic positioning,\u201d he said. \u201cDistribution happens at tops. Accumulation happens before moves.\u201d<\/p>\n Meanwhile, Lower<\/a> ETH balances on exchanges, now under 16.5 million per CryptoQuant, add to this view. Reduced exchange supply tends to ease short-term sell pressure.<\/p>\n The post Ethereum (ETH) Prepping for $7K? Wyckoff and Whales Agree<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ethereum (ETH) is showing strong structure across key technical models and on-chain data. Analysts tracking long-term patterns suggest ETH could be nearing the end of a multi-year accumulation phase. With the price holding support near $3,000, some see conditions forming for a move toward the $5,000\u2013$7,000 range. Wyckoff Pattern Nears Completion Bitcoinsensus shared a monthly […]<\/p>\n","protected":false},"author":0,"featured_media":125953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-125952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/125952"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125952"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/125952\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/125953"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Whale Holdings Point to Strategic Accumulation<\/h2>\n