Ethereum has recently entered a price range that historically fueled gains for early investors, potentially signaling another surge in value. According to crypto analyst Merlijn The Trader, the current market position mirrors the periods leading up to explosive rallies in 2017 and 2020. This resurgence raises the possibility of another monumental bull run, but experts remain cautious about drawing definitive conclusions. The article delves into the historical context of Ethereum’s price movements, exploring how past cycles have played out and analyzing whether this current situation holds similar characteristics. The analysis highlights key factors contributing to Ethereum’s potential for another surge: a shift towards Proof-of-Stake (PoS), increased institutional interest, rising demand for Ethereum-based products, and the deflationary nature of the asset.