A rare bullish signal for Ethereum, last seen before the December 2023 rally, has reappeared, suggesting a potential major rally ahead.
Whale and institutional activity on Binance has surged since May 19, indicating early accumulation and growing confidence among sophisticated market participants.
Analysts believe Ethereum may be entering the early phase of a significant rally, supported by improving sentiment and strong structural support.
The return of the December 2023 signal, together with rising institutional interest, indicates a promising near-term trajectory for Ethereum, potentially leading to a new major rally.