Historical trends pointing to a new high for Ethereum
**Ethereum has shown a clear pattern of recovery after periods of consolidation**, and recent monthly data reinforces this dynamic. Since January 2025, ETH started the year trading near $3,400, then fell to lows of $2,076 in February, marking a significant bottom. Starting in March, it began a sustained recovery: rising from $1,842 in March to $2,536 in May, and then accelerating its momentum in June and July, reaching $3,651 in July. This movement represents a 45% increase in just two months.
**The current behavior repeats previous cycles of accumulation and institutional momentum**. Most notably is the strong interest from institutions, as evidenced by record inflows into Ethereum ETFs and key agreements like that of 21Shares with Société Générale to provide liquidity in Europe. Furthermore, analysts highlight that institutional purchases already exceed the new net supply of ETH multiple times, creating sustained upward pressure. Historically, when Ethereum exceeds its average volume during recovery phases — as happened in July with a trading volume close to $1.8 billion — it tends to trigger strong movements towards new highs.
This context, combined with signals of increasing adoption and relative scarcity, suggests that surpassing the all-time high of $4,878 is not only possible but is supported by structural trends similar to those seen in previous bullish cycles.