Ethereum Could Bounce Strongly from Recent Lows If It Follows Previous Bullish Cycle Patterns

Ethereum (ETH) has experienced a sharp price drop over the past three weeks, falling from a high of $4,960 to a low near $3,000. However, analysts suggest that Ethereum could bounce back strongly if it follows previous bullish cycle trends.

Analysts Predict Rally Towards $4,500-$4,800

Experts have noted that if the $3,000-$3,400 range continues to provide key support, ETH may rally towards the $4,500-$4,800 zone. This prediction is based on the observation that Ethereum’s recent price movement resembles the 2020 correction, when ETH fell from $490 to $308 before launching a major rally.

Historical Trends Point to Potential Upside

As Ethereum begins to regain momentum, several analysts are drawing comparisons between the 2020 market reset and the recent 2025 price drops.

Crypto analyst Galaxy on X highlighted a sharp rally in Ethereum’s price after both events. In 2020, ETH bounced back strongly after hitting a low of $308. Similarly, after falling to $3,064 in November 2025, ETH is now trading above $3,500. Based on this pattern, Galaxy predicted that ETH could repeat the 2020 rally and hit new highs.

Key Support Holding Between $3,000 and $3,100

Ethereum has found crucial support between the $3,000 and $3,100 levels. Historically, holding above this support zone has often preceded strong price recoveries, which could bode well for ETH’s near-term outlook.

Additional Analyst Insights

Another crypto analyst, Cas Abbe, shared an Ethereum price chart illustrating a Q2 2025 dip to around $1,800, followed by a roughly 55% rally to $2,800. Abbe suggests that the recent dip toward $3,000 may be a similar “fakeout” setup, paving the way for a major price rebound.

Popular crypto commentator Lark Davis added that ETH is maintaining a trendline support formed since April 2025, near $3,000. This support aligns with resistance from the 20 EMA and an impending MACD golden cross, indicating potential bullish divergence.

What’s Next for Ethereum?

Given the bullish MACD signals and historical price patterns, ETH appears poised for further gains. At press time, Ethereum was trading at $3,520, with a 24.2% increase in daily trading volume, reaching $39.8 billion.

Analyzing the daily ETH chart, Bitconsensus identified the $4,950 zone as the next key liquidity target. As ETH price moves upward, this level could attract significant trading activity, potentially triggering a breakout or a reversal.

Meanwhile, PRIME X reported that Ethereum whales have been accumulating ETH around the $3,200 price level. Such buying behavior during dips typically signals confidence in the asset’s longer-term potential.

If the $3,000-$3,400 support range holds, PRIME X suggests ETH could rally towards the $4,500-$4,800 range.

Institutional Interest Remains Strong

In a recent update, analyst Joseph Young projected that Ethereum’s market capitalization could climb into the trillions. Additionally, JPMorgan announced a $102 million investment in BitMine, demonstrating continued institutional exposure to Ethereum despite market fluctuations.

Conclusion

With key support levels holding, positive technical indicators, and growing institutional interest, Ethereum looks set for a potential strong rebound. Traders and investors will be closely watching the $3,000-$3,400 support zone and upcoming resistance levels as the market develops.

Recommended for you:
https://bitcoinethereumnews.com/ethereum/ethereum-2025-price-drop-mirrors-2020-market-reset/