Ethereum hints toward a breakout, but are you missing the signs?
The post Ethereum hints toward a breakout, but are you missing the signs? appeared on BitcoinEthereumNews.com.
Ethereum’s Open Interest and inflows might be a sign of a potential breakout, mirroring Bitcoin’s past bull cycle. Technicals show bullish structure, but ETH needs a strong catalyst to break above $2,600 short-term. Is Ethereum [ETH] going through a calm before a breakout? While traders obsess over short-term noise, ETH is stealthily stacking wins — Open Interest is at a record-breaking $34.08B and all signs point to a setup that is similar to Bitcoin’s legendary 2017-2021 bull run. If $4K is the next big stop, are you looking close enough to see what’s coming? Is an Ethereum breakout inevitable? Source: CoinGlass Ethereum’s Open Interest has climbed to an ATH of $34.80 billion as of the 18th of June. This surge is a sign of aggressive positioning from derivatives traders and a spike in speculative interest. At the same time, institutional flows are accelerating: ETH saw over $500 million in weekly net inflows last week, a very strong influx. Source: SoSoValue Together, these show mounting conviction from both retail and institutional players; building the case for a sustained bullish breakout. Déjà vu or destiny? According to crypto analyst TedPillows, Ethereum’s current trajectory mirrors Bitcoin’s 2017-2021 cycle almost perfectly; from an 85% drawdown to a 350% rally, followed by a sharp 62% correction. Source: X If history is any guide, the real parabolic phase may be just ahead — set in motion once ETH convincingly breaks above the $4,000 resistance. Based on past patterns, this could mark the beginning of Ethereum’s own “real bull cycle,” with potential upside that mirrors Bitcoin’s explosive 1,190% surge. Cautious optimism amid steady technicals ETH traded at $2,541 at press time, comfortably above its 50-day and 200-day EMAs; a sign of bullish structure. The RSI was at a neutral 50.20, so there’s room for upward momentum without…
Filed under: News - @ June 20, 2025 1:26 am