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Ethereum has noted a significant decrease in its price over the past week, and the weekend culmination brought the price back to levels that are not observable within over a month. Traffic is followed by established trend bear June and still shows Installation of pressure on cryptocurrency. However, with this fall there was a tendency similar to what they saw in 2021, just before the market rose and saw the beginning of the Altcoin season.
Ethereum price similar to 2021
Looking at the current price campaign Ethereum and what was observable in the second quarter of 2021, there were some striking similarities. In particular, how the price of Ethereum has achieved so far in June was the same as what happened in June 2021.
In 2021, the price of Ethereum began in June exceeding $ 2,600. However, as the month of the month, Altcoin suffered many declines and crashed below $ 2000 before it ended. Ultimately, the price would be the lowest level of around USD 1,600 before the fall ended.
Quickly forward four years to 2025, and June shows the same trend. June 2025 began with the price of Ethereum above 2600 USD before the bears took control. Since then, Altcoin crashed by over 20%and looks more.
Using historical results, this would suggest that the decrease in the price of Ethereum is no longer over. If there is a repeat of June 2021, then Ethereum may bear another 20% of the failure Before the end of June, finding DNA from USD 1,600 to 1700.
Altcoin trigger
Given that Ethereum is the largest Altcoin on the market, it is of course the Altcoin trigger. Looking back at 2021, the Altcoin season began when the price of Ethereum began to gather. But the revival began only in July and eventually lasted until November.
Until now, investors are already positively looking at July 2025, because there were rumors about a reduction in the rate. It is expected to launch a market rally for risk assets, such as Bitcoin and Ethereum, in combination with the fact that the decision of the Iran-Israel war may be during work.
If this trend persists, it is possible that the price of Ethereum began to collect in July. As you can see in 2021, Ethereum would ultimately raise by over 200% in five months to introduce a up-to-date highest highest level in November in November.
A distinguished picture from Dall.e, chart from tradingview.com
