u/Electronic_Equal_645

Looks like my bet and investment was correct for now. We will see. May trim at certain price 2500, 3k, 3500.
Still see more short liquidations to squeeze

Lots and tons of billions of shorts ready to pull the price up. Liquidation city is ready for a short squeeze to 3k. See below ETH liquidation map on coinglass

Thesis is still intact. First major resistance will confirm shortly

Accumulating during the Bear Market. Thesis still intact.

Based on TESLA 2020-2021 trading which had over 1000 P/E Ratio. How high do we go? 250,300,350…500?

My guess is $300. But $405-675 a share is doable since its 300-500 P/E ratio. Then back to $ 270.

Can Wall Street Bets do it again??? 2021 in 2026? *12:51am PST and 400k views on this post

Ethereum: Why I Believe We’re in a Wyckoff Accumulation Phase, See original Post 7 days ago.

I’ve been watching ETH closely because I’m heavily invested, and the more I study the chart, the more it resembles a textbook Wyckoff Accumulation structure.
For full transparency, I have real skin in the game: I currently hold just under 100 ETH with an average cost basis in the $1,700s. So I’m certainly biased toward the bullish side, but I’m trying to let the chart tell the story rather than my portfolio.

1. The Structure Looks Like Wyckoff Accumulation
On the daily chart:
Selling Climax (SC) around $1,742
Multiple Secondary Tests (STs)
Trading range develops
Spring below support at $1,505
Immediate recovery back into the range
The recent move to $1,505 looks exactly like a Wyckoff Spring: a breakdown below support designed to trigger stops, trap bears, and shake out weak hands before reversing higher.
The best Springs rarely feel bullish when they happen. They usually convince everyone the market is headed much lower.

2. We Already Reclaimed the Selling Climax Level
One detail I think many people are overlooking:
After the Spring at $1,505, ETH reclaimed the original Selling Climax level around $1,741.
Not only that, but we also pushed into the next major Fibonacci resistance zone near $1,850, reaching approximately $1,848 before pulling back.
This is important because if the market were truly weak, you’d expect rejection at the prior SC level.
Instead, price reclaimed it and immediately challenged higher resistance.
That behavior is much more consistent with a market transitioning from accumulation into an early markup phase.

3. Daily RSI Hit Historically Oversold Levels
ETH’s Daily RSI reached approximately 12 during the Spring.
That’s an extreme reading rarely seen in ETH’s history and comparable to major cycle lows.
Since then:
RSI has recovered sharply
Price has held above the Spring low
Momentum is improving despite widespread bearish sentiment
Historically, these conditions are often present near major bottoms.

4. Funding Rates Have Turned Negative
Another piece of evidence supporting the accumulation thesis is derivatives positioning.
ETH funding rates have flipped negative across many exchanges.
That means:
Shorts are paying longs.
This tells us traders are aggressively betting on lower prices despite ETH already having experienced a significant decline.
When funding turns negative after a large selloff, it often signals bearish overcrowding rather than the beginning of a new bearish trend.

5. Fibonacci Levels Support the Bull Case
Using the recent high-to-low range:
0.786: $1,713
0.618: $1,875
0.50: $1,988
0.382: $2,100
0.236: $2,240
ETH has already reclaimed the 0.786 retracement and successfully tested the area just below the 0.618 retracement.
If this truly is a Wyckoff Accumulation, these levels become logical upside checkpoints as the markup phase develops.

6. Bears Are Becoming the Fuel
Negative funding rates tell us traders are leaning bearish.
At the same time, liquidation heatmaps continue showing significant liquidity stacked above current price.
If ETH can reclaim:
$1,875
$2,000
$2,100
those short positions could become fuel for a sharp squeeze higher.
Markets tend to move toward liquidity, and right now a lot of that liquidity appears to be sitting above price.

What Confirms the Bull Thesis?
For me:
✅ Spring low at $1,505 remains intact
✅ Selling Climax at $1,741 has been reclaimed
✅ ETH challenged the next Fibonacci level near $1,850
✅ Break and hold above $1,875
✅ Reclaim $2,000-$2,100
✅ Sign of Strength (SOS) above the trading range

What Invalidates It?
Simple.
A decisive breakdown and acceptance below $1,505.
If the Spring fails, then the accumulation thesis is likely wrong.

Final Thoughts
Nobody knows the future, but the evidence is becoming difficult for me to ignore:
Wyckoff Accumulation structure
Spring at $1,505
Reclaim of the $1,741 Selling Climax
Test of the next Fibonacci level near $1,850
Historically oversold RSI
Negative funding rates
Large short-side liquidity overhead
The market still feels overwhelmingly bearish.
Ironically, that’s exactly what I’d expect to see if a major bottom has already formed.
I’m not claiming certainty. I’m simply sharing what I see on the chart while risking my own capital alongside the thesis.
Curious what others think. Is this a legitimate Wyckoff Accumulation and Spring, or am I forcing the pattern?

Buying under 2000 will be a dream in 12months from this post. 3x-10x is possible in 12-18months. $6000-20,000. Will reduce if failure to hold 1500-1600 support and re enter lower. Accumulating 1520-1670. Will trim 25-50% when ETH is Overbought on the Weekly, Daily and Monthly RSI charts

Adding to my post from yesterday, two developments continue to strengthen the accumulation argument in my view.

First, funding rates across major exchanges have turned meaningfully negative. In other words, traders are now paying a premium to maintain short exposure. While negative funding is not a buy signal by itself, it does indicate that market participants have become increasingly positioned and emotionally committed to the downside.

Historically, some of the strongest reversals occur when bearish positioning becomes crowded and the market runs out of new sellers.

Second, the liquidation heatmap remains one of the most compelling pieces of evidence. Looking at CoinGlass, there is an extraordinary amount of short liquidation liquidity stacked above current price all the way into the $2,400 region. The largest clusters appear around $1,900, $2,000, $2,250, and $2,400+.

Markets are ultimately driven by liquidity. Price tends to seek areas where the greatest amount of orders and forced activity exist. Right now, there appears to be significantly more liquidity resting above price than below it.

This aligns well with the Wyckoff framework.

If the February low at $1,742 was the Selling Climax (SC), and the recent flush to $1,505 was the Spring, then the next logical phase would be a markup attempt designed to force late shorts out of their positions. The current positioning data suggests there is plenty of fuel available for exactly that type of move.

What’s particularly interesting is that sentiment feels dramatically worse today than it did at much higher prices. Daily RSI reached levels not seen since prior bear market capitulation events, funding rates have flipped negative, social sentiment is overwhelmingly bearish, and yet ETH continues to defend the broader weekly trendline connecting the 2022 low ($880), the 2025 low ($1,384), and now the 2026 low ($1,505).

There is also a broader Wyckoff principle that often gets overlooked: the market spends far more time preparing for a move than actually making the move. Accumulation is designed to be psychologically exhausting. It creates maximum doubt, repeated failed rallies, lower lows that appear catastrophic, and an environment where the majority becomes convinced that lower prices are inevitable. The purpose is to transfer assets from weak hands to strong hands before the markup phase begins.

From a game theory perspective, it is difficult to imagine a more effective way to create maximum bearish conviction than what ETH has done over the past several months. We have seen a break of prior support, an undercut of the February low, negative funding, widespread calls for $1,000-$1,200 ETH, and retail sentiment near capitulation levels. Ironically, those are often the exact conditions that exist near important lows rather than major highs.

None of this guarantees a bottom. Markets do not move because a pattern looks clean.

However, when extreme pessimism, historically oversold momentum readings, negative funding, a massive concentration of short liquidity overhead, and a potential Wyckoff Accumulation structure all begin to align simultaneously, it becomes difficult to dismiss the possibility that the market is building a larger base.

For me, the thesis remains simple:

Bullish Confirmation: Reclaim and hold $2,450-$2,470, confirming a Sign of Strength (SOS) and potentially completing the accumulation structure.

Invalidation: Lose $1,505 and remain below it.

Until one of those levels breaks, I believe the evidence increasingly supports the possibility that what most participants currently see as a breakdown may ultimately prove to have been a Spring.

As always, this is not a prediction. It’s simply an attempt to identify where probabilities may be shifting before consensus recognizes it.

I’ve been closely watching the price action because I’m heavily invested in ETH, and I keep coming back to the idea that the chart is forming a classic Wyckoff Accumulation pattern.

From a momentum perspective, ETH became extremely oversold on both the Daily and Weekly RSI. The Daily RSI fell to approximately 12 — levels not seen since the major bear market lows of 2016 and 2018.

Looking at the structure itself, the February 2026 low around $1,742 appears to fit the role of a Selling Climax (SC). The more recent flush to roughly $1,505 looks very much like a textbook Spring — a brief breakdown below prior support designed to trap bears, trigger stops, and shake out weak hands before a potential recovery phase.

If this interpretation is correct, the next major validation would be a decisive break above the $2,450–$2,470 area, confirming a Sign of Strength (SOS) and increasing the probability that accumulation is complete. $1742 is first resistance to turn into support on this road.

On the other hand, a sustained break below $1,505 would invalidate the accumulation thesis and suggest the market is still searching for a lower low.

Zooming out to the weekly chart, an even more constructive picture emerges. The major cycle lows of approximately $880 in June 2022, $1,384 in April 2025, and the recent $1,505 low all align to form a rising long-term support trendline. As long as that structure remains intact, the broader bull market thesis of higher lows and higher highs remains valid.

The key level above is still the prior all-time high area around $5,000. A decisive breakout above $5,000, followed by confirmation of that level as support, would be a significant technical development and could mark the beginning of the next major expansion phase for ETH.

Of course, this is just my interpretation of the chart structure, not financial advice, but the combination of extreme RSI readings, a potential Wyckoff Accumulation pattern, and a rising multi-year support trendline makes this one of the more compelling long-term setups I’ve seen in ETH in quite some time.