Ethereum has exited its re-accumulation phase and is currently mirroring Bitcoin’s 2020 V-shape recovery structure with strong upward momentum.
The price of Ethereum has reclaimed a macro resistance trendline, confirming the start of a bullish breakout aligned with historical patterns.
Technical analysis signals Ethereum could replicate Bitcoin’s 2020 cycle path, pointing toward a potential rally back to previous all-time highs.
Ethereum appears to be following the historical path of Bitcoin’s previous market cycle, signaling a potential shift toward a strong bullish phase.
Fractal Structure Reflects Bitcoin’s Historical Cycle
Crypto analyst Titan of Crypto shared a comparative chart showing Ethereum’s current structure closely resembles Bitcoin’s 2018–2021 cycle. The left side of the chart outlines Bitcoin’s journey from accumulation to a decisive V-shape recovery. This structure included prolonged consolidation, repeated resistance tests, and a sharp recovery that triggered the 2021 bull run.
https://twitter.com/Washigorira/status/1945233420621103358
On the right side, Ethereum’s current pattern shows a striking resemblance. After bottoming in the 2022–2023 period, Ethereum moved through an accumulation zone, followed by several failed breakout attempts. These movements align with Bitcoin’s earlier structure. Similar to Bitcoin’s temporary dip in 2020, Ethereum entered a re-accumulation phase, influenced by global economic uncertainties. According to the analyst, Ethereum is now following the same blueprint that preceded Bitcoin’s explosive growth.
Re-Accumulation Ends, Bullish Breakout in Progress
The recent breakout above Ethereum’s macro descending trendline signals the conclusion of its re-accumulation phase. Price action has shifted toward a decisive move higher, confirming the beginning of a V-shape recovery. The technical setup now reflects Bitcoin’s behavior after March 2020, when it reclaimed a similar structural level before rallying to new highs.
Ethereum’s price currently stands at $3,143.19, posting a 5.73% daily gain and a 20.86% rise over the past week. With the re-accumulation zone left behind, the bullish structure remains intact. The chart shared by Titan of Crypto outlines a projected upward trajectory marked in light blue, suggesting Ethereum could follow a similar ascent to Bitcoin’s 2020 path.
Macro Conditions Align with Technical Momentum
The structural and technical similarities between Ethereum’s current phase and Bitcoin’s past cycle suggest Ethereum may be in the early stages of a major upward trend. With the breakout level holding firm, market behavior now favors bullish momentum.
Bitcoin’s price is at $117,828, up 0.59% over 24 hours and 8.63% over the last week, reinforcing broader market confidence. As long as Ethereum sustains this momentum above its breakout zone, the trend remains favorable for continued growth.
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