Ethereum has confirmed a breakout above key resistance after completing a recognizable reversal pattern. Short-term and long-term technical indicators now support continued upward momentum.
Adam and Eve Pattern Signals Short-Term Reversal
Ethereum’s short-term price behavior reflects a clear transition from bearish pressure to bullish control. The asset formed a defined Adam and Eve reversal structure over several days. Buyers stepped in strongly after the pattern confirmed above key resistance.
Ted Pillows provided a detailed analysis of this pattern using Ethereum’s 1-hour timespan from Binance. According to Ted, the Adam formation created a sharp V-shaped bottom between February 6 and 8. The Eve portion followed with a broader, rounded bottom ending around February 12.
Both segments converged at the $1,660 to $1,705 resistance zone, where price faced repeated rejections. Ted noted that each rejection formed a higher low, building momentum within the Eve structure. A strong bullish breakout occurred once Ethereum breached the resistance zone.
Wyckoff Accumulation Confirms Long-Term Strength
Crypto Patel has presented a comparative analysis using the Wyckoff Accumulation model on Ethereum’s weekly chart. The structure spans from 2023 through 2026 and follows the standard five-phase cycle. Ethereum now appears to be transitioning from accumulation into a new markup phase.
Ethereum completed its Spring in early 2025, bouncing off a strong support zone between $1,260 and $1,560. Patel labeled this transition as the end of Phase B and entry into Phase C. Price has since moved upward, reaching $1,863 and showing early signs of recovery.
Conclusions and Key Levels to Watch
Ted Pillows highlighted additional levels to monitor during this rally. He stated that if Ethereum holds $1,650, it could target $1,800 to $1,900 soon. If price breaks $2,100, bullish perspectives could extend toward the $3,000 area. He also noted long-term targets of $5,000, $7,000, and $10,000 after completing Phase E.
Recent technical formations for Ethereum, including the Adam and Eve and Wyckoff patterns, create a positive backdrop for further growth. Monitoring key levels will be crucial for assessing this asset’s dynamics in both the short-term and long-term.
