ETH Follows Wyckoff Accumulation as $3,000 Target Nears, Here’s What the Chart Signals Next

ETH is following Wyckoff accumulation and targets $3,000 before a possible correction.

Layer 2 growth and ETF inflows are supporting Ethereum’s bullish structure and market strength.

A daily close above $2,800 could trigger a move toward $3,500, based on technical analysis.

Ethereum (ETH) is trading at $2,559.51 and continues to display a pattern aligned with the Wyckoff Accumulation model. Bitcoin has already reached a new all-time high, and based on current chart structure, Ethereum may follow a similar path. The outlook shows a possible climb toward $3,000, a correction, and then $4,000 in Q3, before a larger move.

Ethereum Structure Aligns with Wyckoff Accumulation Phases

Ethereum appears to have completed the “Spring” and “Test” phases within the Wyckoff Accumulation structure. The weekly chart shows price reclaiming the $2,145 support level after briefly dropping below $1,800 in Q2

According to analysis prepared by TedPillows, ETH is now advancing through the next phases, with the $3,000 level acting as the immediate target. The schematic indicates that Ethereum could reach $3,000 before entering a corrective phase near the $2,800–$2,900 range

That zone aligns with historical resistance levels from 2024 and recent short-term peaks. If support holds, the next projected move is toward $4,000 during Q3 2025, followed by a potential parabolic rally later in the year.

Layer 2 Activity and Institutional Demand Build Support

Ethereum’s technical setup is supported by fundamental developments across the Layer 2 ecosystem. Robinhood recently integrated Arbitrum to power tokenized U.S. stock trading in Europe. This partnership could increase Ethereum’s on-chain activity and transaction volume through scaling solutions like Arbitrum and Optimism.

According to Farside Investors, Ethereum-linked ETFs saw $148.5 million in net inflows on July 4. This brought the 7-day total to $331 million, reinforcing institutional demand. In addition, the growing adoption of Ethereum staking continues to support its value as a yield-bearing asset.

Source: CasAbbe(X)

According to an observation by Cas Abbe, ETH is closely tracking its Wyckoff pattern. He added that a daily close above $2,800 could bring $3,500 ETH within weeks, suggesting further price expansion remains possible under current market conditions.

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