Ethereum (ETH) is exhibiting early signs of a potentially explosive rally, as whales intensify their accumulation, institutional inflows reach multi-month highs, and the price action mirrors historical bullish setups. On-chain data shows that major ETH holders are accumulating at levels not seen since 2018. Meanwhile, Ethereum’s price is consolidating within a well-defined ascending channel, similar to the pre-breakout structure from 2016 – 2017, which led to a 1,000% rally.
As market confidence grows around staking, tokenization, and ETF listings, many analysts are asking: Is Ethereum preparing for its next major breakout?