Ethereum Fractal Mirrors Bitcoin’s 2018-2021 Run, Ready For 1,110% Surge
The post Ethereum Fractal Mirrors Bitcoin’s 2018-2021 Run, Ready For 1,110% Surge appeared on BitcoinEthereumNews.com.
Ethereum’s price action in the past seven days has been nothing short of interesting. During this period, the leading altcoin has surged past $4,000 for the first time since December 2024 and is also now trading above $4,200, reclaiming a level it last held in 2021. According to on-chain data, the breakout has injected confidence into the market, especially among retail traders. Ethereum’s technical setup and comparisons with Bitcoin are now showing the possibility of a rally on par with the most explosive phases in its history. Ethereum Fractal Structure Signals 1,110% Rally According to technical analysis of Ethereum’s price action on the weekly candlestick timeframe chart, the leading altcoin is about to enter into a 1,110% rally that might take its price above $20,000. This analysis was initially noted by crypto analyst Merlijn The Trader, who identified a repeating cycle that closely aligns Ethereum’s current performance with Bitcoin’s 2018-2021 run. Taking to the social media platform X, the analyst noted that in that earlier cycle, Bitcoin endured an 83% drop from its highs before staging a powerful 342% recovery. This was followed by a secondary correction of around 63%, which ultimately served as the base for a 1,110% surge between the second half of 2020 and the first half of 2021. Ethereum’s weekly chart has been following the same sequence almost step-for-step in the past few years. After a steep 83% decline from its 2021 peak, Ethereum mounted a 342% rebound, only to experience a deep retracement of roughly 63% to $1,500 in April 2025. Since then, however, Ethereum has mounted another rebound, with the latest move being the most recent rally back above $4,200. Image From X: Merlijn The Trader This latest rally shows Ethereum is now in the final phase, where it could be positioned for a…
