Ethereum’s Red October Trajectory: Could a Breakout be Imminent?

Ethereum has faced an eight-month losing streak in 2025, as major institutions accumulated over $80 million worth of ETH. Experts are studying the market behavior and drawing parallels with the 2021 bull run for insights into potential price surges. 2025’s trends show a resemblance to the 2021 pattern; after sideways trading, Ethereum has a history of sharp price rises. Past resistance points and possible bottoming patterns are being observed by market participants as key indicators to watch. Analysts suggest that if the current downward trend continues, a break above $3,000-$5,000 could signal a new upward trajectory. A similar breakout pattern occurred in 2021 when ETH soared from under $300 to over $500. This suggests a potential for Ethereum’s prices to jump upwards after periods of sideways trading.