- ETH may enter an impulsive phase after monthly close above $3K, following its three-phase cycle.
- Technical patterns target $4,200–$19,500, supported by a broadening wedge and inverse head and shoulders.
- Institutional inflows and stablecoin growth strengthen Ethereum’s position as key blockchain infrastructure.
Ethereum is moving through a defined market structure that has repeated across its historical cycles. According to market observers, ETH has completed its corrective phase and has been in recovery mode since 2023. The next stage of the impulsive phase may begin once ETH posts a monthly close above $3,000.
Technical Patterns Signal $3K Break Could Unlock Upside
According to an observation by Cas Abbe via X, Ethereum follows a three-phase market cycle. “Phase 1 is over for this cycle. Phase 2 has been ongoing since 2023,” he stated. He added that a monthly close above $3,000 would start the impulsive phase.
Technical analyst Titan of Crypto shared that Ethereum is moving within a broadening wedge pattern on the weekly chart. This pattern, marked by widening trendlines, is typically seen ahead of large market movements. The top of the structure is near $4,200, which analysts say may be the next target if ETH confirms the breakout.
Gert van Lagen noted a large inverse head and shoulders pattern forming on Ethereum’s two-week chart. This setup, he said, projects a long-term target close to $19,500, using a classic technical breakout measurement. The pattern centers around a neckline near $4,200 and has taken over two years to form.
Institutional Activity and Network Growth Add Support
Ethereum investment products continue to see strong capital inflows, led by sustained demand from institutional platforms. ETH-based ETFs have recorded consistent daily inflows, showing steady interest.
Analysts say this may reflect growing confidence in Ethereum as a long-term network asset. Bernstein research has stated that Ethereum is being viewed as a key public blockchain infrastructure.
Analysts noted rising bipartisan support for stablecoin regulation in the U.S. With most stablecoins built on Ethereum, the network may continue to benefit from new adoption trends.
