Ethereum Price Slips 2.88%, but Analysts Eye Familiar Formation: Is the Next Breakout Already Bui...

Ethereum’s price structure mirrors its 2019 fractal pattern, signaling a possible upcoming breakout.

ETH trades below $4,000 with 2.88% daily losses amid increased trading volume and strong volatility.

Analysts note recurring consolidation and resistance touches that previously preceded Ethereum’s major rally.

Ethereum, the second leading digital asset by market cap, has hinted at a potential history replay. According to market analysts’ observation, a potential fractal pattern awaits confirmation of another bullish trend. Fractal patterns are recurring, self-similar structures in price charts that reflect market psychology and behavior across different timeframes.

Ethereum Falls Below $4,000 as Daily Loss Reaches 2.88%

Tracking the ongoing price trend at the time of writing this piece, CoinMarketCap data reveals that ETH is trading at a price value of $3,893.49, recording a 2.88% decline in the last 24 hours. The chart displayed a downward trend, with prices initially near $3,995.5 before a steady fall. Minor recoveries appeared mid-period, but each rebound met further downward pressure

Source: CoinMarketCap

The market experienced volatility, showing brief spikes followed by sharp pullbacks. Trading volume increased by 7.84% to $40.42 billion, indicating active market participation despite the price decrease. The market capitalization dropped to $469.93 billion, aligning with the overall decline. The 24-hour chart revealed consistent lower highs and lower lows, signaling sustained bearish momentum

Price fluctuations remained within a narrow range under $4,000, showing limited buying strength. Throughout the session, Ethereum faced continued selling activity that outweighed buying interest. Overall, the trading period reflected heightened volatility and strong downward movement within the daily cycle, with Ethereum below the psychological $4,000 mark by the end of the observed timeframe.

Ethereum Recreates 2019 Breakout Structure: What’s Next?

While Ethereum struggles with a positive price, market observations have shown a potential rebound that earlier sent it to new levels. According to analyst Trader Tardigrade, Ethereum’s repeating price structure from 2019 to 2025 has been revealed, emphasizing the formation preceding major upward movements. In 2019, Ethereum developed a rounded bottom pattern followed by two distinct touches at resistance near $360

Source: X

Once this structure was completed, a strong bullish breakout unfolded, triggering a sharp price expansion toward new highs. The setup confirmed a classic accumulation phase transitioning into a sustained rally. A nearly identical pattern appears between 2022 and 2025. Ethereum again formed a rounded bottom with two touches at resistance around $3,500. This structure mirrors the earlier phase that initiated a major bull cycle

The market is positioned at a critical stage where a confirmed breakout could replicate the previous impulsive movement. The repetition of consolidation, double resistance touches, and structural symmetry indicates the market is reopening the same price setup seen before Ethereum’s last major surge. With this structure already formed and nearing breakout levels, conditions reflect the stage that previously unlocked a strong upward trajectory, marking a potential new expansion phase in Ethereum’s market cycle.