Ether’s (ETHETH’s rally from $1,750 to $2400 is almost 38% higher than its swing-low price of $1,400. But is this simply a trend trade or are there longer-term indicators that suggest a paradigm change at work?
ETH addresses that absorb 6.5 Million Ether
Ether’s recent rally had been preceded by a 89% increase in daily active address (DAA), up to 730278 from the 384,763 DAA on April 5.
This increase is generally positive, as it indicates that users are more engaged with the Ethereum network.
This chart shows the increase in activity as a result of increased funding. Ether price rose to $2,300.
The same activity can be observed consistently near macro bottoms, since 2022. This is usually followed by significant ETH prices rallies.
Since mid-2025 the daily inflows to accumulation addresses has also increased, and reached a record high of 1,14 million ETH on November 20, 2025. In 2026 the inflows continued to increase, reaching an average of 200,000 ETH a day with a peak to 358,000 ETH on Thursday.
Related: ETH/BTC ratio hits 10-week high as Ether outpaces Bitcoin: Are new price highs next?
From 19.64 to 26.16 millions, the amount of ETH stored in accumulation wallets or by holders without a history of sales, increased 33%.
The ETH held at accumulation addresses can be a crucial indicator for market participants and traders, since it reflects the overall outlook of Ether on a long-term basis.
You can also find out more about the following: total value of ETH staked Further reinforces the outlook. This metric, which now totals 39.2 millions ETH, signals a growing level of investor confidence.
Cointelegraph reportedThe Ether stock on the exchanges is at its lowest level in many years, further restricting order book liquidity.
Breakout target for Ether Cup-and-Handle Chart is $3,150
The ETH/USD pair may resume its prevailing bullish trend after breaking out of a cup-and-handle (C&H) chart pattern, as shown in the chart below. If the 12-hour candles close at or above $2,400 (the cup’s neckline), it may indicate the beginning of a strong uptrend.
Addition of the cup depth and the break-out point gives a target price around $2960. This is a 22% rise from the present value.
You can also find out more about the following: relative strength index The number of people who are claiming disability benefits has increased to 68. ETH bulls are back in control.
Trader TheSkayeth spotted a larger C&H pattern forming over the last two months on the daily time frame, saying ETH stood for ETH “setting up for a massive move.”
“If the cup and handle pattern continues, I think we get to the golden zone next.”
The target for this large formation is 3,150 dollars, or 30% more than what it is currently.
ETH bulls must hold the zone between $2,350 and $ 2,400 to confirm a sustained breakout.
Cointelegraph reportedA close above $2.400 would raise the chances of the ETH/USDT pairing rising to $2.800 and eventually to $3.050.
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Source: cointelegraph.com
