$ETH's been building a clean stair-step pattern off the June lows. We're seeing structured accumulation, not random chop.

Break above $2.9K confirms the next leg. From there, $3.4K becomes the logical target before we set up for another move higher.

This is how bull phases unfold — patient structure, clear levels, then expansion. No need to overcomplicate it. Watch the $2.9K level. If it holds and breaks with volume, the path to $3.4K opens up.

Long-term holders stay positioned. This fits the macro setup.