Ethereum exhibits promising bullish momentum despite the prevailing FUD. Some analysts remain optimistic about a potential resurgence in price discovery for ETH. However, the current market climate is marked by uncertainty as Bitcoin’s decline impacts altcoins, leading to decreased expectations for new ATH prices. Despite this challenging environment, Ethereum displays signs of robust upside action, hinting at possible price discovery. 2020 and 2025 show similar patterns of a substantial ETH price dump followed by explosive growth. This suggests the possibility of a breakout once doubt peaks in the market. However, only a significant influx of liquidity could propel Ethereum back to its previous ATH levels.