ETH Ascending Broadening Wedge Pattern Draws Whale Attention, Next ETH ATHs Between $7,700 to $9,900

• Bullish $ETH ascending broadening wedge pattern progresses.
• Next $ETH $ATH could arrive soon with the first between $7,700 and $9,900.
• Seasoned analysts expect altseason peak to arrive soon.

Analysts are eagerly and patiently waiting for $ETH price to pump this bull cycle. The pioneer altcoin has yet to set a new $ATH this bull cycle and its first cycle $ATH is expected to usher in the peak of the ongoing bull cycle’s altseason. Presently, many analysts believe that a major buy signal is in play for the altcoin that may have just set a bullish bottom.

$ETH Ascending Broadening Wedge Pattern Draws Whale Attention

As we can see from the post above, it seems that whales are bullish on $ETH and have begun to largest accumulate the altcoin. In fact, both $BTC and $ETH seem to be flowing out of crypto exchanges and into independent whale wallets. This is a great bullish signal for the crypto market and analysts expect new ATHs for both $ETH and $BTC.

The post above in particular shows one whale who created a new wallet 2 days ago and withdrew 7,347 $ETH valued at $19.95 million from Binance. Seasons crypto analysts expect a supply shock for $BTC in the coming that could pump the price of Bitcoin to new ATHs, this could later reflect on $ETH prices as well.

Next $ETH $ATH Could Arrive Between $7,700 and $9,900

Meanwhile, several altcoins are setting up to hit new ATHs and Ethereum price is expected to lead them with a parabolic pump. In detail, analysts expect $ETH price to hit a new $ATH between $7,700 and $9,900. The post above shows $ETH’s continued progress in an ascending broadening wedge which will lead to new ATHs soon.