{"id":67097,"date":"2026-01-09T17:31:43","date_gmt":"2026-01-09T17:31:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=67097"},"modified":"2026-01-09T17:31:43","modified_gmt":"2026-01-09T17:31:43","slug":"ethereum-eth-prepping-for-7k-wyckoff-and-whales-agree","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=67097","title":{"rendered":"Ethereum (ETH) Prepping for $7K? Wyckoff and Whales Agree"},"content":{"rendered":"<div>\n<p>Ethereum (ETH) is showing strong structure across key technical models and on-chain data. Analysts tracking long-term patterns suggest ETH could be nearing the end of a multi-year accumulation phase. With the price holding support near $3,000, some see conditions forming for a move toward the $5,000\u2013$7,000 range.<\/p>\n<h2>Wyckoff Pattern Nears Completion<\/h2>\n<p>Bitcoinsensus shared a monthly chart that follows the Wyckoff Accumulation Schematic. Based on the chart, Ethereum is in the final stages of the pattern, moving from Phase C into Phase D. The recent bounce from the Last Point of Support (LPS) points to renewed demand.<\/p>\n<p>At press time, Ethereum is priced around $3,100. A move above $4,000 would be viewed as a Sign of Strength (SOS) under Wyckoff rules. If that breakout holds, the next targets could range between $5,000 and $7,000. This range reflects the projected move following a full accumulation cycle.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> MONTHLY ACCUMULATION NEARLY COMPLETE <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f4ca.png\" alt=\"\ud83d\udcca\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>Wyckoff Phase C \u279d D transition unfolding<\/p>\n<p>Strong bounce from LPS signals demand returning<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f4a5.png\" alt=\"\ud83d\udca5\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Break above $4K = SOS confirmation \u2192 $5K\u2013$7K target?<a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Wyckoff?src=hash&amp;ref_src=twsrc%5Etfw\">#Wyckoff<\/a> <a href=\"https:\/\/t.co\/AgWrq0UN14\">pic.twitter.com\/AgWrq0UN14<\/a><\/p>\n<p>\u2014 Bitcoinsensus (@Bitcoinsensus) <a href=\"https:\/\/twitter.com\/Bitcoinsensus\/status\/2009309357796733346?ref_src=twsrc%5Etfw\">January 8, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In addition, analyst Egrag Crypto <a href=\"https:\/\/x.com\/egragcrypto\/status\/2009401480021774499?s=20\">presented<\/a> an inverted Ethereum chart to compare the current price structure with past cycles. He noted that each cycle has shown longer accumulation with less volatility. He explained, \u201c<em>A \u2018drop\u2019 here = ETH breakout on the real chart,<\/em>\u201d due to the inversion of the visual.<\/p>\n<p>His chart outlines a first resistance zone at $3,800\u2013$4,500. If those levels flip into support, the $6,000\u2013$7,500 area becomes possible. He added that the only risk case would be a retest of the $1,800\u2013$2,200 area before a breakout.<\/p>\n<p>Moreover, the short-term structure remains intact if Ethereum holds the $3,000 level, <a href=\"https:\/\/x.com\/MerlijnTrader\/status\/2009294026797645976?s=20\">according<\/a> to Merlijn The Trader. He noted that a push above $3,360 could set up a move to $3,600. The current pullback is viewed as part of a normal range.<\/p>\n<h2>Whale Holdings Point to Strategic Accumulation<\/h2>\n<p>Merlijn The Trader <a href=\"https:\/\/x.com\/MerlijnTrader\/status\/2009535619031015789?s=20\">shared<\/a> data showing that the asset wallets holding 10,000 to 100,000 ETH have been increasing their balances. This trend began in 2025 after a multi-year decline in whale holdings. The increase has continued even as the price remains near $3,000.<\/p>\n<blockquote>\n<p>\u201cThis isn\u2019t momentum chasing. This is strategic positioning,\u201d he said. \u201cDistribution happens at tops. Accumulation happens before moves.\u201d<\/p>\n<\/blockquote>\n<p>Meanwhile, <a href=\"https:\/\/cryptopotato.com\/top-ethereum-eth-price-predictions-for-2026\/\">Lower<\/a> ETH balances on exchanges, now under 16.5 million per CryptoQuant, add to this view. Reduced exchange supply tends to ease short-term sell pressure.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-eth-prepping-for-7k-wyckoff-and-whales-agree\/\">Ethereum (ETH) Prepping for $7K? Wyckoff and Whales Agree<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum (ETH) is showing strong structure across key technical models and on-chain data. Analysts tracking long-term patterns suggest ETH could be nearing the end of a multi-year accumulation phase. With the price holding support near $3,000, some see conditions forming for a move toward the $5,000\u2013$7,000 range. Wyckoff Pattern Nears Completion Bitcoinsensus shared a monthly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-67097","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/67097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67097"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/67097\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}