Ethereum is showing signs of a major trend reversal as it enters Wyckoff Phase D, signaling a potential breakout towards $5,000 and beyond. This follows a rebound from the critical $1,500 support level, mirroring past bullish patterns. The real price currently sits near $2,200, while the market price hovers around $1,633 – a rare crossover reminiscent of 2020’s bull cycle. Experts believe this indicates an accumulation opportunity for long-term holders. The weekly chart aligns with textbook Wyckoff structure, starting with Preliminary Support (PS) and Selling Climax (SC) in mid-2023. The subsequent Automatic Rally (AR) and Secondary Test (ST) confirmed the end of the prior downtrend, followed by a sideways consolidation between $1,500 and $1,700 which saw multiple resistance rejections and support validations. The chart further shows strength with a Sign of Strength (SOS) around $3,700, pointing to increased buyer control. If momentum sustains, Phase E could trigger, leading to breakouts above resistance. Projections target prices of $5,000, $7,000, and even $10,000, backed by bullish volume and time-aligned market behavior.