A comparison of the graphs of the second according to the capitalization of cryptocurrency and gold showed that Ethereum repeats the accumulation structure of precious metals from 2019 to 2024. The user came to such conclusions under the nickname Crypto_goos.
$ Eth IS Looking Like Gold …
SEND It Higher! pic.twitter.com/uclj8hgh0i
– Cryptogoos (@crypto_goos) June 2, 2025
The analyst saw on both graphs the formation of a breakthrough pattern consisting of an impulse and four waves of consolidation.
Gold completed the model with a breakthrough above $ 2100 at the beginning of 2024, showing an increase of more than 60% to records above $ 3400. Ethereum now, can follow the similar trajectory, bouncing from a minimum of point 4 near $ 1600 and approaching the resistance zone $ 3000–3500 – a similar point in gold breakthrough.
The user under the nickname Cryptoproject6 discovered the similarity of the current situation Ethereum with the one that was observed in 2016-2017. Repetition of such a structure promises a price increase of $ 5000-6000, a specialist noted.
$ Eth GIANT FRACTAL IS Screaming
Range → Shakeout → Breakout → Parabola
We’re Seeing the Same Structure Play Out Almost Candle Candle
Only Difference Now
The Base Is 100x Larger
The Fundamentals are 10x Stronger$ 5k – $ 6k Easy this Cycle pic.twitter.com/wzyjkv913m
– Crypto Eagles (@Cryptoproject6) June 2, 2025
The model consists of four separate stages: a multi -month consolidation period, a sharp rollback that forms a bull trap, a breakthrough above resistance and, parabolic growth.
In 2017, this structure led to a price increase by more than 1000% from a level below $ 10 to more than $ 1,400.
The current situation shows that Ethereum is moving along a similar trajectory, with a range of $ 1600 to $ 4000, followed by a sharp rollback, and now the rebound to the potential breakthrough zone of about $ 3500–4000.
Crypto Eagles suggests that the rate can rise to the range of $ 5000–6000 in the coming months, if the fractilay “candle behind the candle” will continue to develop.
The presented analysis coincides with the opinion of the Analytics of Coindesk Omkara Godbul, who noted the prerequisites for the increase in the price of $ 6,000 by the end of the year.
A weekly influx in the Ethereum funds reached $ 321.4 million. Over the past six weeks, the indicator has amounted to records in December 2024 $ 1.19 billion. The driver has a successful Pectra update.
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Source: Cryptocurrency
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