Ethereum Follows Bitcoin Script, Prepares for Potential 1110% Rally

Ethereum mirrors Bitcoin’s crash, recovery, and consolidation, forming a coil similar to Bitcoin’s pre-parabolic rally pattern from 2018–2021.

Current charts place Ethereum in the liftoff zone, projecting a potential 1110% surge to an estimated $15,000–$18,000 range.

BlackRock’s spot Ethereum ETFs purchased over 211,000 ETH this week, supporting liquidity and accumulation during Ethereum’s critical market phase.

Ethereum seems to be copying almost the past market structure of the Bitcoin, where the major stages of crash, revival and consolidation have been happening throughout the 2022–2025 period.

Ethereum Tracks Bitcoin’s Historical Pattern

According to a recent tweet by Merlijn The Trader, Ethereum is tracing a fractal similar to Bitcoin’s 2018–2021 cycle. Bitcoin experienced an 83% drop from its 2017 peak, followed by a 342% recovery. A subsequent 63% decline set the stage for its 1110% parabolic rally.

Ethereum has mirrored these movements closely. From 2021 highs, ETH fell approximately 83%, rallied 342% during the mid-cycle recovery, and then dropped 63% during capitulation. Current charts indicate ETH is forming a coil similar to Bitcoin’s pre-rally structure, suggesting a potential liftoff stage.

Parallels Suggest a Potential Rally

The comparison between ETH and BTC presents a sequential alignment. Bitcoin’s recovery after the final drop led to record highs above $60,000. If Ethereum continues following the same pattern, projections indicate a possible surge exceeding 1000%, reaching an estimated $15,000–$18,000 range.

Merlijn The Trader emphasized that Ethereum is now positioned in a “liftoff zone.” The fractal pattern suggests that the market may enter a strong accumulation phase, potentially preceding a significant rally. Analysts monitoring cycle theory note that similar setups in Bitcoin historically marked the start of major upward movements.

ETF Activity Supports Ethereum Momentum

In addition to technical alignment, institutional activity is increasing. Cointelegraph reported that BlackRock’s spot Ethereum ETFs purchased 15,010 ETH on August 28, raising the weekly total to 211,880 ETH, valued at $968.2 million. This buying activity may contribute to market confidence and liquidity, reinforcing Ethereum’s accumulation phase.

The combined view of fractal analysis and institutional purchases suggests that Ethereum’s market structure may be preparing for substantial upward movement. Observers note the correlation with Bitcoin’s previous cycle as an indicator for potential growth.

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