<ul data-eligibleForWebStory="false"><li>Ethereum (ETH) is up 4.2% over the past week, currently trading in the mid-$2,500 range.</li><li>Analysts believe Ethereum is approaching the Wyckoff Accumulation pattern's 'liftoff' phase, potentially signaling a new bullish trend.</li><li>Some analysts foresee Ethereum breaking above $3,000 and possibly reaching its all-time high, while others warn of a potential drop to $2,200 based on a rising wedge pattern.</li><li>Ethereum network activity is increasing, with daily transactions nearing ATH levels and active addresses hitting new highs, while ETH liquid staking is also seeing growth.</li></ul>

Ethereum Approaches Wyckoff ‘Liftoff’ Phase – Can ETH Reach A New High?

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