{ "id": 57275, "date": "2025-12-15T11:16:09", "date_gmt": "2025-12-15T04:16:09", "guid": { "rendered": "https:\/\/hbbgroup.net\/ethereum-forms-wyckoff-breakout-setup-10000-price-target-back-in-focus\/" }, "modified": "2025-12-15T11:16:09", "modified_gmt": "2025-12-15T04:16:09", "slug": "ethereum-forms-wyckoff-breakout-setup-10000-price-target-back-in-focus", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/ethereum-forms-wyckoff-breakout-setup-10000-price-target-back-in-focus\/", "title": { "rendered": "Ethereum Forms Wyckoff Breakout Setup: $10,000 Price Target Back In Focus" }, "content": { "rendered": "
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A recent technical analysis shared on X by crypto analyst Merlijn The Trader presents Ethereum\u2019s price action on the 2-day candlestick chart as a textbook example of Wyckoff accumulation. In his assessment, Ethereum has already moved through several key stages of the model and is now<\/span> approaching a powerful<\/span><\/a> expansion phase, provided the structure stays intact.<\/span><\/p>\n

Wyckoff Accumulation Structure Taking Shape On Ethereum Chart<\/b><\/h2>\n

Over the past several days, Ethereum has traded between roughly $3,050 and $3,400, repeatedly failing to secure a sustained move beyond either boundary. At the time of writing, Ethereum\u2019s price action is trading around $3,100.<\/span><\/p>\n

This prolonged standoff has reinforced the view that Ethereum has returned to consolidating rather than trading in a defined trend, a behavior that aligns closely with the accumulation phase <\/span>highlighted in a technical analysis<\/span><\/a> by Merlijn The Trader.<\/span><\/p>\n

In his post, Merlijn described Ethereum\u2019s chart as a \u201cWyckoff masterclass,\u201d pointing to a sequence of events that align with textbook behavior from the Wyckoff accumulation schematic, which have been playing out for the entirety of 2025.<\/span><\/p>\n

According to the annotated structure, the spring occurred when ETH briefly dipped below $1,500 in the first half of the year. Price did not linger below that level for long, reclaiming the range within days and going on a rally that eventually ended at a selling climax (SC) of $4,946<\/span><\/p>\n

Within this structure, the initial selling climax and automatic downtrend reaction established a clear range in which the cryptocurrency has been trading up until now. The chart labels show this as Ethereum moving through Phase D, and this has been highlighted by a downtrend in recent months.\u00a0<\/span><\/p>\n

ETHUSD now trading at $3.09. Chart: TradingView<\/a><\/figcaption><\/figure>\n

However, based on the Wyckoff framework, Ethereum seems to now be approaching the breakout zone, <\/span>with a transition into a<\/span><\/a> full Phase E and a potential vertical markup coming next if the structure continues to play out.<\/span><\/p>\n

Phase E Projection Points To Strong Upside Scenario<\/b><\/h2>\n

If the Wyckoff roadmap <\/span>continues to unfold as outlined, <\/span><\/a>Merlijn believes Ethereum is setting up for a full Phase E, the final stage of the accumulation process. This phase is characterized by a sustained markup, where price exits the selling climax (SC) decisively and trends higher with increasing momentum.<\/span><\/p>\n

<\/p>\n

Ethereum \/ US Dollar: @MerlijnTrader on X<\/span><\/a><\/p>\n

The projection on the chart shows a sharp upside expansion once overhead resistance is cleared, with Merlijn pointing to $10,000 and higher as a long-term objective if the structure completes. The path higher is not expected to be linear. The model anticipates an initial push into new all-time highs, followed by a modest rejection around the $5,000 area before the price pauses to consolidate towards the Backup and Last Point of Support<\/span><\/p>\n

According to the chart, this BU\/LPS would likely form around $3,750. If Ethereum holds above that level during the pullback, it would confirm structural strength, with the subsequent expansion targeting above $10,000.<\/span><\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/p><\/div>", "protected": false }, "excerpt": { "rendered": "

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