Ethereum’s Cycle Patterns Suggest a Familiar Bullish Structure Into 2025

Ethereum’s current market structure echoes past accumulation cycles seen in 2017 and 2020, leading to potential bullish momentum. Trading near $3,868, Ethereum is driven by growing DeFi applications and increasing institutional interest, similar to previous bull markets. 2017 and 2020 saw similar patterns: Ethereum consolidated before breaking out into major price surges fueled by ICOs and the rise of smart contracts. This time, a similar setup is unfolding with current consolidation forming another base ahead of a possible breakout in 2025.