Data: Institutions or re-entering the Ethereum market, follow the low fluctuation accumulation range.

According to Mars Finance, market news indicates that the average order size indicator for Ethereum Spot shows a brief surge in Whale activity (green clusters) when the market recently fell to $3,200. This pattern has historically been observed at local bottoms and early accumulation phases. Analysis suggests that large market participants may be re-establishing positions in the discounted range, while retail investors remain cautious. Historical cycles indicate that the transition from Whale accumulation to retail investor dumping usually marks a compression phase before a trend reversal or big pump. If this behavior continues, and the $3,000 to $3,400 zone can serve as structural support, Ethereum may enter a low volatility accumulation range, building momentum for a potential bull run target of $4,500 to $4,800.