๐ #Ethereum 2016 vs 2024 โ History Repeating?
On the left: ETH in 2016-2017
On the right: ETH in 2024-2025
Both show:
๐ธ Multi-month consolidation range
๐ธ Repeated resistance rejections (red arrows)
๐ธ Higher lows and rounded bottom pattern
๐ธ Breakout setup forming
Ethereum is painting an eerily similar fractal to its 2016 cycle. Back then, this structure led to a 10x move. While history doesnโt repeat exactly, it often rhymesโand the current setup looks primed for something big.
If the pattern holds, $ETH may be on the verge of a major breakout toward new highs.