Recent price fluctuations of Ethereum have sparked optimism among crypto investors. After dipping below the $1,400 mark, ETH has shown strong signs of recovery.
Confirmation of Ethereum Recovery
The drop below $1,400, initially feared as the start of a prolonged downtrend, is now viewed as the final phase of capitulation. This is a classic stage in Wyckoff accumulation models, which typically precede a new uptrend. Recent price data indicates growth and market activity.
Wyckoff Accumulation Models
Technical analysts point to classic Wyckoff signs such as price increases accompanied by higher volumes on bullish days and recent breakouts past resistance levels. These indicators suggest that Ethereum is preparing for a markup phase — a period of rapid price increases.
Potential Barriers to $4,000
The road to $4,000 is not without challenges. Resistance zones near $2,500 and $3,200 could cause temporary pullbacks. Still, if the reversal holds and momentum builds, these barriers may fall faster than expected. Institutional interest and Ethereum's use in DeFi, NFTs, and staking remain strong, adding further support to a bullish outlook.
As market sentiment shifts from fear to optimism, Ethereum's trajectory looks increasingly promising heading into the second half of 2025.
