Ethereum’s price is currently hovering near its $2,000 support level. This has sparked speculation about whether it could repeat its historic surges of the past. Historical data shows that Ethereum has experienced remarkable gains, including a 9,377% rally in 2017 and a 4,700% surge in 2021, exceeding previous price highs. Analysts suggest these patterns might indicate an opportunity for further growth. The current trend indicates support near the long-term uptrend, suggesting a potential breakout if Ethereum can stay above this level. Notably, Gann levels are showing strong influence on the chart, mirroring past trends from 2017 and 2021. If we see another expansion pattern similar to those periods, it’s likely that Ethereum could reach new highs.