Get ready! Ethereum ($ETH ) is sending signals that are crazy exciting, showing a stunning resemblance to its legendary market cycle in 2017! Analysts are shouting: This year could be much bigger!
The ghost of 2017 haunts Ethereum... but with double the power!
Cryptocurrency analyst "Merlin the Trader" reveals the truth! In a stunning weekly comparison between 2025 and 2017, he confirms that Ethereum is now following the same breakout pattern that led to a historic rise before! But this time, Merlin believes that the next move will be more significant and explosive!
The scenario repeats: Are you watching the moment of explosion?
In the 2025 chart, Ethereum is re-achieving its 50-week moving average after months of pressure! After a critical breakout of support levels near $2250, Ethereum is now consolidating in a narrow sideways pattern below its 50-week moving average.
This structure, folks, looks exactly like the price movements in late 2016 and early 2017! That was the moment before the strong Ethereum rally! The indicator is the same: breaking the 50-day moving average, a brief period of sideways movement, then... a corresponding breakout!
Why will this year be bigger? The market has matured!
The charts match, but the conditions are different! The analyst confirms that the cryptocurrency space is much more developed now!
• Increasing institutional participation!
• Wider adoption of retail usage!
• Growing infrastructure supporting the Ethereum ecosystem!
All this means that the technical patterns may align, but the potential for growth could be immeasurably greater!
Next target: $4000 and beyond!
If Ethereum maintains this path and breaks through the current resistance area, it could mark the beginning of a new overall rally! Merlin the Trader is betting on a significant breakout, with a potential price target exceeding $4000!
Remember 2017, when Ethereum jumped from $6-7.5 to over $28! If history is a guide, the next move could push Ethereum from its current price of $2541 to $4000, or even to its all-time highs with no ceiling in sight!
Get ready to see history repeat itself, but this time, in a bigger and crazier version! Ethereum is set for an explosion! $ETH