ETH reclaims 50-week MA at $3.3K — whales accumulate; could a 100% rally follow?
Ethereum (ETH) climbed to about $3,300 after reclaiming its 50-week moving average (MA), prompting calls that a local bottom may be in around $2,800. Historical precedents show ETH rallied sharply after flipping the 50-week MA into support — gains ranged about 97% (Q3 2025) to 147% (Oct 2023–Mar 2024). Recent price action: ETH bounced from $2,800 to roughly $3,362 (≈20% move) and rose ~7% in 24 hours. On-chain and market data point to renewed institutional and large-holder interest: Santiment reports roughly 934,240 ETH accumulated by whales and “sharks” over three weeks, while small holders trimmed positions. CryptoQuant finds record balances in wallets holding 10,000–100,000 ETH and rising balances in >100,000 ETH wallets. Spot ETF flows showed $177 million inflows — the largest since late October — and the Coinbase Premium Index turned positive for US investors after about a month of weakness. Analysts cited the 50-week MA as a key support level; upside targets discussed include $3,500, $4,000 and previous all-time highs near $5,000. The article stresses that past breakouts produced large multi-month rallies but warns this is not investment advice. Primary keywords: Ethereum, ETH price, 50-week MA, whales, spot ETF flows. Secondary/semantic keywords: accumulation, support, breakout, ETF inflows, Coinbase premium, moving average.
Bullish
Reclaiming the 50-week MA is a technically significant bullish signal for ETH because past instances where price closed above this trendline preceded large multi-month rallies (97%–147%). The current setup combines technical confirmation (bounce from $2,800 and recovery above the 50-week MA) with supportive on-chain signals: substantial accumulation by whales and large wallets, rising balances in institutional-size addresses, and renewed spot ETF inflows (+$177M day). The positive Coinbase premium indicates returning US demand. Together these increase the probability of a sustained upward move in the short–to–medium term. Traders should, however, monitor key levels: holding the 50-week MA (~$3,300) is crucial; immediate resistance sits near the 200-day MA (~$3,500) and psychological targets at $4,000 and prior ATHs (~$5,000). Risk factors include sudden whale profit-taking, reversal in ETF flows, broader crypto or macro sell-offs, and failure to hold the 50-week MA, which would invalidate the bullish case. Historically, similar recoveries produced large rallies but required time and continued demand; expect volatility and use risk controls.