Ethereum Echoes Past Surge: Could We See a Repeat of 2020?

Ethereum’s recent price action has similarities to its explosive surge in 2020. Currently trading around $3,900, ETH saw a notable decline with a daily trading volume exceeding $33.3 billion. Despite the recent dip and drop over the past week, analysts are drawing parallels to the 2020 bull market cycle. Cryptocium highlights this trend as Ethereum stalled near its previous record high before breaking out with significant momentum in 2020. Similar price action is being observed today.