#ETHRally
The price action of Ethereum in the last seven days has been nothing short of interesting. During this period, the leading altcoin surpassed $4,000 for the first time since December 2024 and is now also trading above $4,200, recovering a level it last had in 2021.
The breakout has injected confidence into the market. The technical setup and comparisons of Ethereum with Bitcoin now show the possibility of a rally on par with the most explosive phases of its history.
The weekly chart of Ethereum has been following the same sequence almost step by step in recent years. After a sharp decline of 83% from its peak in 2021, Ethereum mounted a rally of 342%, only to experience a deep pullback of approximately 63% to $1,500 in April 2025. Since then, however, Ethereum has mounted another rally, with the latest move being the most recent rally above $4,600.
Family, I'm leaving you a red envelope 🧧 comment, like, and share.
Response: ETH
Image taken from the web
The price action of Ethereum in the last seven days has been nothing short of interesting. During this period, the leading altcoin surpassed $4,000 for the first time since December 2024 and is now also trading above $4,200, recovering a level it last had in 2021.
The breakout has injected confidence into the market. The technical setup and comparisons of Ethereum with Bitcoin now show the possibility of a rally on par with the most explosive phases of its history.
The weekly chart of Ethereum has been following the same sequence almost step by step in recent years. After a sharp decline of 83% from its peak in 2021, Ethereum mounted a rally of 342%, only to experience a deep pullback of approximately 63% to $1,500 in April 2025. Since then, however, Ethereum has mounted another rally, with the latest move being the most recent rally above $4,600.
Family, I'm leaving you a red envelope 🧧 comment, like, and share.
Response: ETH
Image taken from the web
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ETH
4,679.73
+0.35%