Is Ethereum Price Set To Repeat History As 2017 Playbook Returns? Why This Time Could Be Bigger

The Ethereum value motion is displaying exceptional similarities to its 2017 market cycle, with analysts pointing to a near-identical technical setup and market behaviour. Crypto analyst Merlijn the Dealer, who shared a side-by-side weekly chart comparability of 2025 and 2017 on X (previously Twitter), means that Ethereum is now following the identical breakout sample that when led to a historic rally. This time, nevertheless, the analyst believes that the transfer might be much more important. 

Ethereum Value Mirrors Historic Breakout Sample

Within the present 2025 chart, Ethereum has reportedly claimed the 50-week Shifting Common (MA) after months of downward stress and range-bound motion. Following a decisive breakout from help ranges close to $2,250, the worth of the cryptocurrency is now consolidating under the 50 MA, forming a decent sideways sample. 

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In keeping with Merlijn the Dealer, this construction is visually and technically just like value actions that occurred in late 2016 and early 2017, simply earlier than Ethereum started a strong upward surge. The analyst’s 2017 Ethereum chart exhibits the altcoin breaking above the 50 MA, adopted by a short interval of sideways motion below resistance. As soon as momentum was constructed, the value launched right into a parabolic rally that marked the start of its main bull cycle. 

Notably, the 2025 chart located on the correct panel shows an nearly similar playbook to the 2017 setup, with Ethereum transferring out of a protracted accumulation section and right into a zone of consolidation beneath key resistance ranges. Nonetheless, this time, market situations are considerably totally different. 

The analyst notes that the crypto house is way extra developed, with elevated institutional involvement, broader retail adoption, and rising infrastructure supporting Ethereum’s ecosystem. Whereas the technical patterns align intently with the 2017 breakout, the dimensions and context counsel that the potential upside may even be larger. 

The similarities between Ethereum’s 2017 and 2025 value motion lie within the timing of the 50 MA reclaim and the tight vary of consolidation that follows. If ETH can keep this trajectory and break above the present resistance zone, it may mark the start of a recent macro rally, which the analyst predicts won’t simply repeat historical past however presumably amplify it. 

Ethereum Eyes $4,000 As 2017 Sample Repeats

Primarily based on Merlijn The Dealer’s comparable chart evaluation, Ethereum could also be on the verge of a serious breakout, with technical patterns pointing to a potential value goal above $4,000. Within the 2017 setup, Ethereum skyrocketed previous $28 from a low between $6 and $7.5 after reclaiming the 50 MA.

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If historical past is any information, Ethereum’s subsequent transfer may propel it from its present value of $2,541 to $4,000, which aligns with the higher pink horizontal line on the 2025 value chart or above the road to recent all-time highs, with no ceiling in sight, in response to the analyst.

Featured picture from Getty Photos, chart from Tradingview.com