- Ethereum shows bullish momentum with $109.5M ETF inflows, neutral RSI, and price action near a long-term ascending channel’s base.
- Vitalik’s RAILGUN transfer and Layer 1 scaling forecast reinforce Ethereum’s upside as technical patterns signal a cyclical reversal.
- ETH/BTC reversal patterns, institutional accumulation, and historical trend alignment point to a potential $20K target by 2026.
Ethereum (ETH) is flashing strong bullish signals, driven by recent market activity, technical structure, and key investor moves. On June 3, 2025, U.S. spot ETFs recorded net ETH inflows of $109.5 million. This substantial capital injection comes as ETH trades at $2,540.63, posting a 5.15% gain over the past week. Moreover, Vitalik Buterin moved 693.91 ETH ($1.83 million) and $340K USDC to the RAILGUN Project. This transaction follows his recent statement that Ethereum Layer 1 will scale 10x within a year. Hence, momentum is rapidly building on both fundamental and technical fronts.
Strong Cyclical Patterns and Market Structure Strengthen Bullish Outlook
Ethereum shows consistent cyclical behavior across its historical chart patterns. Its first major peak occurred in 2017, topping near $1,400. Afterward, it entered a deep correction throughout 2018, marked by extreme RSI lows. These conditions signaled a key oversold phase.
Source: Crypto Caesar
In 2021, ETH surged to its all-time high near $4,800. This marked a major second peak before another extended correction phase from 2022 to 2023. During each transition, key technical signals like Break of Structure (BOS) and Change of Character (ChoCH) highlighted trend shifts. These patterns reflected support and resistance reactions aligned with long-term price cycles.
Currently, Ethereum trades within a multi-year ascending channel. Its price hovers near the lower trendline, suggesting a potential breakout setup. RSI indicators read 54.65, showing neutral momentum, but not overbought. Previously, such RSI levels preceded significant rallies during historical cycle bottoms.
Institutions Target Accumulation Zones as Upside Extends Toward $20K
Order blocks and fair value gaps populate the chart. These signal institutional trading zones where large positions caused price inefficiencies. Presently, Ethereum resides in a possible accumulation phase, echoing past cycle behavior.
Besides, this structure maintains a steady upward trajectory. The long-term projection targets $20,000 by 2026. This aligns with the upper boundary of the ascending channel. Moreover, ETH/BTC charts indicate a strong reversal potential. Technical momentum favors ETH dominance in the coming weeks. Consequently, Ethereum appears poised for a powerful upward movement.
