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Ethereum is showing two bullish technical setups at the same time, with one chart pointing to renewed weekly accumulation and another showing a long-term wedge that could open the way for a larger breakout. Together, they suggest ETH is at an important stage where momentum is improving, but confirmation still matters. Ethereum Setup Points Higher as Weekly Accumulation Pattern Returns This Ethereum chart argues that ETH may be building for a larger move higher over the coming months. The post from BACH highlights a repeated weekly setup where price forms in an accumulation zone, the RSI rebounds from lower levels, and then ETH pushes into a stronger uptrend. Ethereum weekly accumulation and RSI setup. Source: BACH on X Right now, the chart shows ETH near $2,330 on the weekly timeframe. At the same time, the current structure looks similar to earlier phases marked on the chart in 2019, 2022, and 2025. In each case, price moved through a base-building period near support, while momentum indicators started to recover. After that, Ethereum posted a stronger upward move. The chart also places focus on the 200-week simple moving average, which has acted as an important long-term support guide in earlier cycles. Meanwhile, the red boxes mark what the analyst calls accumulation zones. On the lower panel, the RSI appears to be bouncing again from a lower area that previously came before upside continuation. Because of that, the post suggests the current setup may support a bullish move if the pattern keeps tracking past behavior. In addition, the chart includes upside Fibonacci targets near $5,172, $8,429, and $15,688. Those are projection levels, not confirmed targets. So the main point is not that ETH will automatically reach them, but that the broader structure is turning more constructive if momentum keeps improving. Still, this remains a pattern-based view, not confirmation by itself. Ethereum must continue holding its support zone and strengthen above the recent range for the bullish case to gain more weight. Until then, the chart supports a higher-over-time bias, but the move still needs follow-through. Ethereum Wedge Setup Keeps Breakout Hopes Alive This Ethereum chart from DonWedge shows a large long-term wedge structure that still looks active. The setup marks repeated higher lows on the lower trendline, while the upper resistance line continues to cap major rallies. Because of that, the chart frames ETH as sitting in a compression pattern that could decide the next bigger move. The chart also highlights several key phases inside the formation, including earlier bottoms, an accumulation area, and one prior fakeout above resistance. That fakeout matters because it shows the upper boundary has rejected price before. So even though the long-term structure remains constructive, the breakout case still needs confirmation. Until then, the wedge itself remains the main technical story. At the same time, the chart points to 3,242.87 as an important resistance area near the upper boundary. If Ethereum breaks above that region and holds it, the analyst suggests the next larger upside target could extend toward 7,409.85. However, this remains a projection based on the wedge structure, not a confirmed move. So the main takeaway is clear. ETH is still trading inside a large tightening formation, and the chart argues that a decisive break above resistance would shift attention to much higher levels. Until that happens, the pattern stays valid, but confirmation still matters.