Ethereum News Today: Ethereum Surges 23% in 7 Days as Fractal Patterns Signal Potential 1,110% Rally

Ethereum’s recent price movement has generated significant attention among traders and analysts, as it closely mirrors Bitcoin’s trajectory from 2018 to 2021. The cryptocurrency has broken through the $4,000 level for the first time since December 2024 and is now trading above $4,200, indicating a resurgence in market confidence and renewed optimism about its potential for a sustained rally [1].

According to technical analysis from Merlijn The Trader, Ethereum’s price action on the weekly candlestick chart shows a fractal pattern that closely aligns with Bitcoin’s explosive growth during the 2018–2021 period. The analyst noted that Bitcoin endured an 83% drop from its 2017 peak before staging a 342% recovery. A subsequent 63% correction then formed a base for a 1,110% surge between late 2020 and mid-2021. Ethereum has followed a similar sequence in recent years, including a sharp 83% decline from its 2021 peak, a 342% rebound, and a 63% retracement to $1,500 in April 2025 before staging a fresh recovery [1].

This latest move above $4,200 suggests Ethereum may be entering the final phase of a comparable fractal pattern. If the trend continues, the cryptocurrency could see a 1,110% surge, potentially pushing its price above $20,000 [1]. Additionally, Ethereum’s weekly chart is echoing its own 2017 breakout structure, with the asset reclaiming the 50-week moving average and breaking above a key $4,000 resistance level [1].

The bullish momentum has been further supported by growing institutional demand. Over the past five trading days, U.S.-based spot Ethereum ETFs have recorded net inflows of $326 million, slightly outpacing Bitcoin’s $253.2 million in the same period. ETF activity also brought in $461 million in ETH, reinforcing the idea that Ethereum is gaining favor among institutional investors [2].

On-chain analytics platforms have also noted a significant shift in market sentiment. Data from Santiment shows a sharp increase in bullish activity across social channels, with mentions of buying, optimism, and higher price expectations outpacing bearish commentary by nearly two-to-one. This surge in positive sentiment is likely to sustain the current rally, though excessive fear of missing out (FOMO) could introduce volatility and temporarily halt momentum [1].

At the time of reporting, Ethereum is trading at $4,225, up by 23% in the past seven days. If the price were to push toward $4,500, it could trigger a short squeeze, as CoinGlass estimates approximately $1.35 billion of short positions are at risk of liquidation. This highlights the volatile and momentum-driven nature of the current market [2].

While the 1,110% surge is a forecast based on historical Bitcoin patterns, actual outcomes will depend on a range of factors, including market conditions, regulatory developments, and broader adoption of the crypto asset. The current price action reflects strong demand and positive sentiment, but long-term sustainability will require addressing structural risks such as over-borrowing and reliance on large treasuries, as noted by Ethereum co-founder Vitalik Buterin [2].

Sources:

[1] https://www.newsbtc.com/altcoin/ethereum-fractal-mirrors-bitcoins-2018-2021-run-ready-for-1110-surge/

[2] https://www.newsbtc.com/altcoin/ethereum-hits-4300k-restoring-vitalik-buterins-crypto-billionaire-status/

[3] https://www.mitrade.com/au/insights/news/live-news/article-8-1026818-20250810