The price of Ethereum has been the last seven days Nothing intriguing. During this period, the leading Altcoin for the first time increased by 4000 USD since December 2024, and also trades above USD 4,200, recovering the level that recently took place in 2021.
According to the chain data, the breakthrough injected trust in the market, especially among retail traders. Ethereum Technical configuration and comparisons With Bitcoin, they now show the possibility of a rally on a par with the most explosive phases in their history.
Fractal structure ethereum signal 1110% of the rally
According to the technical analysis of the price operations Ethereum on the weekly fleeting chart of the candlestick, the leading Altcoin is to take care of the 1110%rally, which can bring its price above USD 20,000. This analysis It was initially recorded by Merlijn trader cryptographic analyst, which identified a repetitive cycle that strictly equalizes the current efficiency of Ethereum with the launch of Bitcoin 2018-2021.
By participating in the Social Media Platform X, the analyst noticed that in this earlier Bitcoin cycle he survived an 83% decrease from its ups before organized a powerful 342% recovery. Then there was a secondary correction of about 63%, which ultimately served as the basis for 1110% augment between the second half of 2020 and the first half of 2021.
Ethereum weekly chart followed The same sequence almost step by step in the last few years. After a pointed decline by 83% compared to the peak 2021, Ethereum introduced a reflection by 342%, only to experience a deep withdrawal by about 63% to USD 1,500 in April 2025. However, since then Ethereum has argued another reflection, with the latest movement Being the latest rally above $ 4,200.
This latest rally shows that Ethereum is now in the final phase, where it can be set for a comparable explosive gear up to USD 20,000 if the fractal continues.
In another analysis, Merlijn Trader also noted that the weekly chart Ethereum reflects its own groundbreaking structure 2017. In this cycle, Ethereum regained the 50-week-old movable average after the prolonged phase of consolidation before it entered a lasting and powerful rally. Chart 2025 shows a similar recovery of 50 mA, and the price is Now he breaks over $ 4,000 resistance zones, which lasted from March 2024.
Party sentiment building over $ 4,000
Although the last Ethereum price rally can be mainly assigned to institutional purchases At the ETFS ETFS point, a breakthrough above USD 4,000 has not been unnoticed on a wider market. Especially, Data from Santiment Platform for Analytics on the Chain reflects the dramatic augment in stubborn activity in social channels.
Memories related to the purchase, optimism and higher price expectations have increased rapidly Bear distinction such as sales or a lower price for almost two to one. Although this can create conditions in which Ethereum can keep the momentum, too much Fomo can also stop at every rally.
At the time of writing, Ethereum trads $ 4,225, which is an augment of 23% in the last seven days.
A distinguished picture from Unsplash, TradingView chart
