[isatrader]

Ethereum with a spring attempt yesterday on the daily chart from the recent backup range, but volume was light

I'm assuming that was a reference to Wyckoff, I'm part way through reading up on that.

Yes, a Wyckoff Spring is an event that happens in the later part of an accumulation base structure, but not all. i.e. during the later part of Stage 1. But you can have spring type action in any base structure, where it undercuts a support level, and then rebounds back into the range.