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Ethereum’s Wyckoff Pattern Targets $10,000 After Spring Below $1,500 And $4,946 Climax
Crypto analyst Merlijn The Trader has outlined Ethereum’s 2-day chart as a classic Wyckoff accumulation, noting that the asset has already passed several key phases and is nearing a potential expansion move. In recent sessions, ETH has fluctuated between about $3,050 and $3,400 and is trading near $3,100, with the Wyckoff roadmap projecting an upside path that includes a rejection around $5,000 before any potential advance toward $10,000 and beyond. The scenario assumes the current structure remains valid and that a backup zone could form near $3,750 during a pullback.