🚀 Is Ethereum Repeating 2021? A 200% Rally Might Be Closer
CryptoPotato
Updated at: 9 hours ago
{"content":"🚀 Is Ethereum Repeating 2021? A 200% Rally Might Be Closer Than You Think
Ethereum's price dropped throughout the last week, and the weekend sent it back to levels not seen in almost a month. The movement follows June's gloomy trend and shows rising bitcoin sale pressure. In 2021, before the market got up and cryptocurrency season began, a pattern similar to this decrease appeared.
Ethereum Price Crash Like 2021
Comparing Ethereum price activity to Q2 2021 shows some interesting connections. In particular, the Ethereum price has fared similarly to June 2021.
In 2021, Ethereum started June over $2,600. The cryptocurrency fell many times over the month and sank below $2,000 before the end. The price bottomed at $1,600 before the drop ending.
Four years later, June 2025 shows the similar pattern. Before the bears seized over in June 2025, Ethereum was over $2,600. Since then, the cryptocurrency has fallen over 20% and seems to be headed for more.
Historical performance suggests Ethereum's price fall is ongoing. If June 2021 repeats, Ethereum might collapse 20% before June ends, bottoming between $1,600 and $1,700.
Since Ethereum is the biggest cryptocurrency, it inevitably starts altcoin season. When Ethereum rallied in 2021, altcoin season started. July marked the start of the recovery, which lasted until November.
Investors are optimistic about July 2025 due to rate decrease speculations. Bitcoin and Ethereum are predicted to rise as a result of a possible Iran-Israel war resolution.
If this pattern continues, Ethereum may rise in July. Ethereum rose almost 200% in five months in 2021, reaching a new high in November.
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