Ethereum "Four Seasons" Indicator Points to Whale Accumulation at $2,940

⬤ Ethereum (ETH) has been stuck in consolidation mode, but one on-chain watcher thinks whales might already be buying. The “four seasons” indicator is close to lighting up again—a signal that’s been linked to heavy accumulation by big players. The 3-day chart shows ETH hovering just under $3,000, with a multicolored momentum indicator tracking different phases of trend strength beneath the price candles.

⬤ Here’s where it gets interesting: the last time this indicator hit all four colors, ETH shot up from around $1,800 to $4,900. The chart shows a long sideways pattern after earlier drops, with the indicator slowly stabilizing following a lengthy downtrend. Large holders may be quietly stacking ETH while most traders are still sitting on the sidelines.

⬤ Right now, many traders are fixated on short-term uncertainty in ETH, but the indicator might be picking up on a shift happening beneath the surface. Price action on the 3-day timeframe shows Ethereum bouncing around in a tight range near $2,937. The color change typically happens fast once accumulation kicks in, though there’s no exact timeline on when that might be.

⬤ This matters for the broader crypto market because Ethereum is one of the biggest digital assets and powers a huge chunk of DeFi and blockchain infrastructure. Signals pointing to whale accumulation can shift sentiment, liquidity, and volatility expectations across the board. Traders will be keeping an eye on whether the “four seasons” signal completes and if ETH starts showing renewed momentum in the coming weeks.