Ethereum (ETH) Price Pattern Resembles Bitcoin’s Pre-Bull Run Setup — Is a Bullish Reversal Next?

Date: Thu, March 13, 2025 | 05:42 PM GMT

The crypto market has been going through a rough patch lately. After an impressive rally in late 2024, many major cryptocurrencies have taken a sharp hit — and Ethereum (ETH) is no exception. Since reaching its peak of $4,091 in December, ETH has dropped by a staggering 53% over the last 90 days, now trading around $1,826.

Source: Coinmarketcap

Naturally, this steep decline has shaken investor confidence. But some analysts believe this pullback might actually be setting the stage for something big.

Is History Repeating Itself?

According to latest analysis by prominent crypto analyst Immortal .. The current price structure of Ethereum (ETH) is beginning to reflect a pattern that looks strikingly similar to Bitcoin’s (BTC) behavior just before its massive bull run in 2021. If we look back at that period, Bitcoin had gone through a significant correction of about 62%, dropping all the way down to around $3,800. This sharp decline came before one of the most impressive rallies in crypto history, where BTC surged all the way to $64,800 within just a year.

Now, what’s interesting is that Ethereum appears to be following a nearly identical path. ETH has already corrected by roughly 53% from its recent highs, and the way it is consolidating around a key horizontal level is very similar to how Bitcoin behaved before its breakout in 2020. This kind of price action is often seen as an accumulation phase — a period where strong hands quietly buy before a large upside move begins.

If Ethereum continues to mirror the historical pattern shown by Bitcoin, it suggests that a bullish reversal could be on the horizon. The chart analysis indicates that, in the event of a strong breakout and full-cycle bull run, Ethereum could potentially reach price levels as high as $14,000 to $15,000. These targets align with the kind of percentage gains Bitcoin achieved in its last major run.

Of course, nothing in the market is guaranteed, but history often leaves behind clues. And in this case, Ethereum’s chart is painting a picture that closely resembles a very bullish phase from Bitcoin’s past. If this fractal continues to play out, Ethereum could be positioning itself for a powerful upward move in the coming months.

Final Thoughts

For now, all eyes are on Ethereum’s next moves. Will it follow in Bitcoin’s footsteps and kick off a new bull run? Only time will tell. But if the current pattern holds, ETH could be setting the stage for an exciting few months ahead.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions.