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ETH trading pattern points to 100% rally to $5,000: What are the odds?
Ether's price chart shows a textbook “Power of 3” setup following a trend deviation between $2,100 and $2,200 that took place last Sunday. This movement unfolded after a period of price consolidation between May 9 and June 20. The sudden liquidity sweep drove ETH to its multi-month support, but buyers swiftly absorbed the decline, pushing the price above $2,500 by Monday. The Power of 3, or “AMD” model, short for Accumulation, Manipulation and Distribution, offers a framework for understanding institutional investor trading strategies around key liquidity zones. The accumulation phase, typically marked by ... (full story)