Ethereum Jumps Over 2% — Is the 2021 Bull Pattern Making a Comeback?
Ethereum (ETH) is gaining bullish momentum today, posting a 2.4% price increase alongside a 17% surge in trading volume. Analysts are increasingly pointing to historical patterns, suggesting that the current rally may be echoing Ethereum’s legendary 2021 bull run.
At the heart of the buzz is a familiar chart formation. According to crypto analyst Gordon (@AltcoinGordon), Ethereum’s latest market structure is closely tracking the same setup that preceded its parabolic rise three years ago. Gordon flagged the similarities in a tweet early Wednesday, urging investors to take notice:
> “$ETH is going to absolutely SEND.
Load up sub $3k.
Bookmark it.”
— @AltcoinGordon, June 26, 2025
A Repeat of 2021?
The analysis hinges on a two-part price sequence: a “Dead Cat Bounce” followed by a “Final Retest” of a key support level. In 2021, Ethereum completed this exact pattern when it retested support near $250 before launching a breakout that sent prices soaring past $4,000 by year-end.
Now, analysts believe ETH is replaying that script — this time with support holding near the $2,800–$2,900 zone.
Bullish Technical Indicators
Several technical signals support the bullish outlook:
RSI (Relative Strength Index) has rebounded, indicating renewed buying momentum.
MACD (Moving Average Convergence Divergence) shows fading bearish pressure — often a precursor to trend reversal.
With confidence building across the market, some traders are calling this Ethereum’s moment to shine again — and hinting at an explosive move if the pattern plays out as it did in 2021.
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