Ethereum Fractal Hints at Bullish Reversal – Could We See a Repeat of Bitcoin’s 2024 Rally?

The cryptocurrency market experienced a significant dip today, wiping out nearly 2% from the total market cap. Both Bitcoin (BTC) and Ethereum (ETH) witnessed sharp declines, contributing to over $1.37 billion in liquidations, with more than $1.23 billion coming from long positions. Ethereum is currently down by over 5%, but a closer look at its chart reveals an intriguing pattern: a fractal resembling the one Bitcoin exhibited before its significant rally in late 2024. This could signal a major bullish reversal for Ethereum.