- Ethereum’s $3,800 dip seen as the last hurdle before a projected rally toward $6,000.
- Whale buys, staking, and ETF inflows reduce supply, fueling expectations of a supply shock.
- Analysts note $4,000 flipped to support, echoing past patterns that preceded strong rallies.
Ethereum is following a repeating pattern visible on the daily chart. The sequence has shown liquidity sweeps, sharp bounces, and strong rallies. The current dip has formed near $3,800, which analysts view as the final hurdle before a potential explosive growth phase toward $6,000.
Repeating Liquidity Sweeps and Accumulation Phases
According to analysis prepared by Kamran Asghar, Ethereum has consistently repeated a market script of liquidity sweeps followed by recovery. In June, Ethereum advanced by 64.72% after bouncing from accumulation near $2,400, reaching levels above $3,900. In August, the same pattern occurred, producing a 37.25% rise from $3,600 to $4,800.
The most recent session recorded Ethereum trading at $4,013.39, marking a 3.06% daily increase, with a market capitalization of $484.43 billion. Trading volume reached $35.78 billion, even though it was lower than the previous day. The chart shows steady buying interest forming after the $3,600 liquidity sweep, pointing toward a target near $6,009.6.
According to an observation by Cas Abbe, the $4,000 level has flipped from resistance into support. This area is now viewed as a base for the next breakout. Historical patterns show that each retest of major resistance has led to upward continuation.
Whale Accumulation and Market Participation
Whale activity has increased during this phase. Lookonchain reported that 15 wallets acquired more than 406,000 ETH in two days, worth about $1.6 billion. CoinGlass data showed $622 million in weekly outflows from exchanges, reflecting a lower liquid supply in trading markets.
At the same time, staking activity has absorbed more supply. FalconX facilitated a $503 million purchase, while another $661 million was staked in one day. This trend removed tokens from exchanges, reducing available liquidity.
Market analysts noted these moves often precede strong rallies. With ETF inflows also strengthening, Ethereum continues to mirror its historical script. Liquidity sweep, bounce, and accumulation are in place, positioning the asset for a projected 60% move higher.
