Reputed Analyst Tracks How Pioneer Altcoin Asset Ethereum Is Tracking Wyckoff to Perfection

• Reputed analyst tracks how pioneer altcoin asset Ethereum is tracking Wyckoff.

• With ETH tracking Wyckoff to perfection, pump possibilities are high.

• A parabolic ETH price pump could take ETH to an ATH target of $10,000.

Expectations for altseason and its peak phase to drive have only grown stronger in the New Year, an expectation that is further fueled by the price of ETH having reclaimed a level above $3,000. With analysts growing eager to see ETH set a new ATH price in 2026, one reputed analyst tracks how pioneer altcoin asset Ethereum is tracking Wyckoff to perfection, meaning a parabolic price pump lies ahead for ETH.

Reputed Analyst Tracks How Pioneer Altcoin Asset Ethereum Is Bullish

Ethereum (ETH), the pioneer altcoin asset, was expected to surge dramatically since Q1 of 2025 and trigger a powerful altseason rally. Most analysts had stated that the bull cycle cannot end unless the price of ETH surges and triggers altseason, a move that would certainly play out once the price of ETH blows past the price target of $5,000, a short pump away from the asset’s previous ATH.

To highlight, the price of ETH had set its previous ATH at the $4,800 price range during the last bull cycle, and analysts watched the price of ETH slowly make its way to that target. After bottoming at the $1,700 price range, the price of ETH slowly came out of the Q1 2025 market correction event and steadily climbed towards its previous ATH price. After two quarters, the price of ETH eventually set a new ATH in the $4,900 price range.

However, it failed to hit $5,000 and surge past it, meaning the price of ETH could not enter the price discovery phase and thereby delayed altseason as well. From here, altcoin prices continued to fall, and the price of ETH slipped back to as low as below the $3,000 price range. Now, with a New Year having begun, and with bullish analysts calling for a 5-year super cycle, 2026 is marked to bring new ATH prices for BTC, ETH, and altcoins.

ETH Tracks Wyckoff to Perfection

With these bullish expectations in mind, analysts prepare to welcome a major price surge for altcoins, starting with a parabolic move from Ethereum (ETH). To highlight, one analyst has mentioned how the price of ETH is tracking the Wyckoff bull pattern to perfection and goes on to share his take on what is playing out now and where the price of ETH will go next over the coming weeks ahead.

ETHEREUM IS TRACKING WYCKOFF TO PERFECTION.

Spring washed everyone out.
Test confirmed demand.
LPS is building the platform.

Phase E is the markup phase.
That’s where trends go vertical…
And sidelined money ends up chasing $10K ETH. pic.twitter.com/LzG2Kx1IQW

— Merlijn The Trader (@MerlijnTrader) January 2, 2026

As we can see from the post above, the analyst states that the last spring washed traders out, and the latest test confirmed demand. He then highlights the LPS building and states that the final move is the breakout, with phase E marking a vertical pump. The video and chart in the post states traders and holders should prepare to see ETH price pump and possibly hit a bullish new ATH price at teh $10,000 bull target.