Ethereum Forms Wyckoff Breakout Setup: $10,000 Price Target Back In Focus

A recent technical analysis shared on X by crypto analyst Merlijn The Trader presents Ethereum’s price action on the 2-day candlestick chart as a textbook example of Wyckoff accumulation. In his assessment, Ethereum has already moved through several key stages of the model and is now approaching a powerful expansion phase, provided the structure stays intact.Wyckoff Accumulation Structure Taking Shape On Ethereum Chart
Over the past several days, Ethereum has traded between roughly $3,050