- Ethereum formed a clean Adam and Eve bottom, breaking resistance at $1,705.
- Price action confirms Wyckoff Spring, holding strong above key support at $1,560.
- If ETH holds momentum, targets of $3K, $5K, and $7K come into near-term focus.
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, with critical zones and structures defining recent market behavior.
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.
Source: Ted Pillows
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.
Ted has provided additional insights into price 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 next, his outlook extends toward the $3,000 range.
The breakout candles showed increased momentum and continued strength with little retracement. Ted also observed that this move follows Ethereum’s retest of 2018 highs, now acting as support. Price action confirms the Adam and Eve reversal with clean structure and follow-through.
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.
Source: Crypto Patel
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.
Patel has identified the next key phase as Phase D, marked by a “Sign of Strength.” This zone lies near the $3,700 resistance line projected in mid-2025. Ethereum’s price path on the timespan indicates steady movement toward that zone, with higher lows forming.
He also marked long-term targets of $5,000, $7,000, and $10,000 for Ethereum after completing Phase E. Each phase includes defined movements, mimicking the Wyckoff schematic with support and resistance alignment. The accumulation zone remains active as Ethereum builds momentum above the Spring.
The timespan includes volume support and clean vertical markers dividing each Wyckoff phase. Ethereum’s behavior has followed the pattern closely over two years. Patel’s findings support the structural shift now underway as Ethereum advances through the model’s latter phases.
