Is the Ethereum Prize defined to repeat the story when the 2017 game book is coming back? Why this time could be bigger

by Barry Solano
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THE Ethereum price action Shows remarkable similarities with its 2017 market cycle, analysts pointing towards an almost identical technical configuration and market behavior. Crypto Merlijn analyst the merchant, who common A weekly comparison side by side of 2025 and 2017 on X (formerly Twitter), suggests that Ethereum now follows the same evasion reason This has already led to a historic rally. This time, however, the analyst believes that this decision could be even more important.

Ethereum Price reflects a historical rupture model

In the current table of 2025, Ethereum would have claimed the 50 -week mobile average (MA) after month of pressure downwards and movement linked to the beach. Following a decisive escape from the support levels close to $ 2,250, the price of Cryptocurrency is now consolidated Below the 50 mA, forming a tight lateral pattern.

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According to Merlijn the merchant, this structure is visually and technically similar to the price movements that occurred at the end of 2016 and early 2017Just before Ethereum started a powerful push up. The analyst Ethereum 2017 graph shows Altcoin exceeding 50 mA, followed by a brief period of lateral action in resistance. Once the momentum has been built, the Prize launched in a parabolic rally This marked the start of its major bull cycle.

Ethereum
Source: Melijn the merchant on x

In particular, the 2025 graph located on the right panel displays a play book almost identical to the 2017 configuration, Ethereum coming out of an extended accumulation phase and in a consolidation zone under key resistance levels. However, this time, market conditions are considerably different.

The analyst notes that the Cryptographic space is much more developedwith increased, wider institutional involvement retail adoptionAnd an increasing infrastructure supporting the Ethereum ecosystem. While the technical models align closely with the 2017 break, the scale and the context suggest that the upward potential could even be bigger.

The similarities between the 2017 and 2025 price action of Ethereum resides in the 50 mA recovery calendar and the tight range of consolidation that follows. If ETH can maintain this trajectory and break above the current resistance zone, it could mark the start of a new macro rally, which the analyst predicts not only to repeat history, but perhaps amplify it.

Ethereum Eyes $ 4,000 as the 2017 reason is repeated

On the basis of Merlijn the analysis of the comparable graphics of the merchant, Ethereum can be on the point of a major break, with technical models pointing to a Potential price objective greater than $ 4,000. During the 2017 configuration, Ethereum has skyrocketed from $ 28 to a hollow between $ 6 and $ 7.5 after recovering the 50 mA.

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If history is a guide, the next Ethereum movement could propel it from its current price from $ 2,541 to $ 4,000, which aligns the upper red horizontal line on the 2025 price table or above the line for Peaks of all fresh timeWithout ceiling in sight, according to the analyst.

Ethereum
ETH negotiating $ 2,526 on the 1D graph | Source: Ethusdt on TradingView.com

Getty Images star image, tradingView.com graphic

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