Is Ethereum Repeating Its 2020 Trend Reversal? Analyst Predicts ETH To ‘Explode’ In Q2 2025
The post Is Ethereum Repeating Its 2020 Trend Reversal? Analyst Predicts ETH To ‘Explode’ In Q2 2025 appeared on BitcoinEthereumNews.com.
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Although sentiment toward Ethereum (ETH) remains largely pessimistic, crypto analyst Mister Crypto predicts that the second-largest cryptocurrency by market cap could be on the verge of a parabolic rally, mirroring its historical price action from 2020. Ethereum About To Witness A Change Of Fortune? Following US President Donald Trump’s highly anticipated reciprocal tariff announcement, the crypto market took a sharp plunge, wiping out over $140 billion in the past 24 hours. During this period, ETH tumbled by 5% and is at risk of setting fresh cycle lows in the $1,700 range. Related Reading Despite the negative sentiment, crypto analyst Mister Crypto suggests that ETH may soon experience a sharp momentum shift. In an X post shared earlier today, the analyst noted that while retail investors may have abandoned ETH, large investors – commonly referred to as whales – have not. Mister Crypto shared the following chart, highlighting striking similarities between ETH’s current price action and its 2020 trajectory. He added that if history repeats itself, ETH could see strong bullish momentum in Q2 2025. Source: Mister Crypto on X Fellow crypto analyst CryptoGoos echoed Mister Crypto’s perspective, arguing that ETH is “extremely undervalued” at its current price levels. The analyst also shared a chart illustrating how ETH whales are accumulating the asset at a record pace. Whales have been accumulating ETH at an increasing pace in 2025 | Source: CryptoGoos on X The data reveals that wallets holding between…
Filed under: News - @ April 4, 2025 4:29 am