Ethereum (ETH) is in the accumulation zone, fluctuating between $2,200 and $3,600. Historically, such phases precede major breakouts, with a potential surge beyond $4,000. The red zone ($1,000–$2,000) represented past lows, while current higher lows indicate strong buy pressure.
If ETH breaks the dotted resistance, it could rally toward $7,200. On-chain data shows reduced exchange supply, signaling long-term holding. Institutional interest and staking demand add bullish momentum.
