After reaching over USD 3800, the price of Ethereum seems good on the road to the next phase of the cycle. The continuous trend is carefully reflecting what was seen in 2016-2017 before the growth, which sent the price of Altcoin to the modern highest levels of all time. This remains a grave offer, considering that if the trend takes place just like in the 2017 cycle, it means that the Ethereum price rally is just beginning.
Ethereum Price Mirrors Bullish 2017
In 2017, in front of the bull market, Ethereum Price fought for staying well with the Bitcoin price. This led to a delay, because the price was still beating with every upward trend. Ultimately, the price of Ethereum ended for a moment, with two fakes, before the price could finally break.
Similarly, the price of Ethereum has fluctuated over the past year, with many fakes that have already maintained a low price. As in 2017, the disaster again caused a decrease in the Altcoin price by almost 50%to create the perfect trap illustrated On this chart by the Merlijn Trader cryptographic analyst at X (formerly Twitter).
The analyst indicates these similarities on the Ethereum chart, showing that the same range, fakeout and Breakout have now played cryptocurrency, as in 2016-2017. Considering this, it is likely that the next phase of the trend will also follow the textbook 2017.
After the bear’s trap and the final break in 2017, the price of Ethereum increased by 5000%, from less than USD 8 to over USD 250 in less than a year. Operate A A similar breakthrough structure to Ethereum In 2025, it would mean an augment in up to USD 40,000.
However, adaptation on how high Market captain Currently, this conservative goal would mean that the price of Ethereum is at least able to exceed USD 10,000, which would only be an augment in 200% compared to its current level. The utilize of at the same time as in 2017, would mean that it can be reproduced in the next six months.
In addition, Ethereum now has something that he did not have in 2017, and this is institutional support. Currently, Ethereum is quickly becoming a favorite of institutional investors, because the ETH tax companies put over $ 7 billion in Altcoin, in accordance with data from the block. Only in July 2025 over $ 2 billion was received Note etfs ethereumshowing an augment in the institutionalized interest.
Due to this growth of institutional investments, Merlijn Trader explained that the institutions are now behind the wheel with the same configuration from 2017. This suggests higher fluidity, as expected is that these main players will ride and determine the price of ETH.
A distinguished picture from Pixabay, chart from tradingview.com
