Ethereum News Today: Ethereum Surges Past $3,000, Mirroring 2025 Bull Run

Ethereum's price has recently surged past the $3,000 resistance level, sparking optimism among analysts who predict a potential rally similar to the one observed in May 2025. This breakout is anticipated to trigger the next altcoin season, potentially driving Ethereum to new all-time highs.

In May 2025, Ethereum experienced a significant bullish run, with its price increasing by over 40% within a 30-day period. The price movement during this time was characterized by an initial surge, followed by a period of sideways movement before reaching a high of $2,650. This pattern is now being mirrored by the current price action, as Ethereum has seen an initial breakout and is currently in a sideways phase.

Crypto analyst CryptosBatman highlighted that Ethereum's price movement is following a similar triangle pattern observed in May 2025. This pattern suggests that the current sideways movement is part of a broader trend and is expected to be followed by another rally. Once the triangle pattern is broken, Ethereum is projected to target levels above $3,600.

Several factors are contributing to the bullish momentum of Ethereum. Notably, Spot Ethereum ETF inflows have been consistently positive for nearly two weeks. Major institutions such as BlackRock and Fidelity have been actively accumulating Ethereum, with tens of thousands of ETH being purchased daily. Additionally, Ethereum treasury companies like SharpLink and BitMine are accumulating hundreds of millions of dollars in ETH, further driving institutional adoption and investor interest.

The rise in institutional adoption and the formation of a similar price pattern to May 2025 suggest that Ethereum is poised for another significant breakout. As the sideways accumulation phase concludes and the triangle pattern is broken, Ethereum is expected to resume its upward trajectory, potentially reaching new all-time highs and leading the next altcoin season.