Ethereum is holding strong at $3368 and is now nearing the 0.618 Fibonacci level placed at $3269.81.
The current setup shows a mirror of Bitcoin’s 2020 breakout, which also began near the same retracement point.
Ethereum’s Fibonacci extensions point toward $5684 and $7167 if the 0.786 and 1.0 levels are fully reclaimed.
Ethereum has reached $3,368.34, posting a +3.99% daily gain, as treasury activity by companies signals a shift similar to Bitcoin’s 2020 cycle. A chart comparison shows that Ethereum may be replicating Bitcoin’s earlier Fibonacci retracement and bullish breakout timing. Analysts now observe treasury interest rising among Ethereum holders at a technical point near the 0.618 retracement level.
https://twitter.com/cantonmeow/status/1950383914494644341 Ethereum Firms Near Fibonacci Pivot as Corporate Treasuries Grow
The right-side chart shows Ethereum price action from 2021 to 2025, with a notable increase near the $3,368 range. A blue circle identifies the current treasury buildup phase, described as “a bunch of random companies starting #Ethereum treasuries.” This activity coincides with Ethereum touching the 0.618 Fibonacci level at $3,269.81.
Historically, this Fibonacci level has acted as a major pivot in both bullish and corrective phases. Ethereum currently trades between the 0.618 and 0.786 levels, which have proven to be critical support zones. These levels mark areas where institutional or treasury-based purchases may trigger fresh momentum.
Treasury adoption could serve as a psychological catalyst similar to the one observed during Bitcoin’s major rally in 2020. The pattern emerging in Ethereum’s weekly candles mirrors previous bullish recoveries from major retracement zones. This resemblance now raises new expectations around the possibility of a long-term upside breakout.
Bitcoin’s 2020 Treasury Event Sparks Historical Parallel
On the left side of the chart, Bitcoin's trajectory from 2018 to 2021 is displayed using a similar Fibonacci mapping. The annotated yellow circle highlights the moment when MicroStrategy (SMSTR) began its Bitcoin treasury accumulation. This event occurred close to the 0.618 retracement level, sparking a prolonged rally past $60,000.
Bitcoin’s move from around $10,000 to over $60,000 followed the same Fibonacci expansion levels drawn on the chart. The initial impulse came just as the price reclaimed the 0.618 level, followed by continued climbs beyond the 1.0 and 1.618 levels. That pattern became a reference point for traders watching similar developments in Ethereum.
Now that Ethereum finds itself at the same retracement point, some view this as a mirror setup. The Fibonacci levels—0.618 at $3,269.81, 0.786 at $3,749.03, and 1.0 at $4,880.00—outline a clear progression. With the current price at $3,368.34, ETH has already surpassed the 0.5 level and is gaining strength near the next major resistance.
A pivotal question remains: Will Ethereum replicate Bitcoin’s breakout path if corporate treasuries continue building ETH positions?
Long-Term Indicators Offer Fibonacci Roadmap
The chart sets a broader macro view, extending to 2028 for Ethereum and 2023 for Bitcoin. Ethereum’s projected Fibonacci extensions reach 1.272 at $5,684.77, 1.414 at $6,288.54, and 1.618 at $7,167.12. These targets align with common breakout structures that follow a reclaim of 0.786 and 1.0 retracement zones.
The Fibonacci roadmap has proven to be an essential tool in market structure recognition. Bitcoin previously followed the same layout with near-precision as institutional buying accelerated. Ethereum’s recent pattern and growing treasury activity could mark a similar macro pivot.
Both charts use logarithmic scales to better capture exponential price movement. The left chart ends near Bitcoin’s all-time high at $69,324, while Ethereum’s chart projects possible targets beyond $7,000. Traders using Fibonacci analysis may now apply these zones as future checkpoints for Ethereum’s trajectory.
