Key Takeaways:
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Ethereum has regained a key level that preceded 100%+ events and triggered past the seasons.
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Altcoin Market Cap could wave against $ 15 trillion if Bitcoin dominance repeats its fall after half.
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Despite Bullish signals, ETH remains fragile, with $ 123b in supply near the cost base in danger of turning into a loss.
Ethereum’s native token, Ether (ETH), has regained an important technical level that has historically priored to sharp price gains and marked the start of an “altar season” across multiple market cycles in the last five years.
ETH -pris can double in the coming months
The level in question is the midline (~ $ 2,600) of the Gaussian channel-a sliding average-based band that tracks long-term momentum-on 2-week chart.
In 2020-2021, ETH gathered from $ 400 to over $ 4,800 after closure over the Gaussian midline. A similar step at the end of 2023 saw ETH climb from less than $ 1,500 to nearly $ 4,000 within a year.
In both cases, ETH quickly went courage and broke over the upper band of the channel as momentum built.
From May 2025, the top band sat near $ 3,200, making it the next key resistance. A breakout of this level could open the path towards the previous cyclushøj of $ 4,100 in July.
Related: Ethereum pricing diagram is targeted at $ 4K as transaction fees hit 3-month high
The next ETH pump may be starting alts -season -analysts
ETH Price Rally can further affect the wider Altcoin market to rise with, according to market analyst Mustache, who cited the same Gaussian channel fractal.
The total market capital in the Altcoin market, excluding Ethereum, increased by over 1,400% over a year after Ether’s close over the duct line in July 2020.
Similarly, the Altcoin market capsule achieved more than 200% a year after ETH’s midline outbreaks in November 2023.
The prospect of a 2025 altar season is strengthened with a repeating pattern after Bitcoin sagging.
In both 2017 and 2021, Bitcoin -Dominance fell sharply about 400 days after halving and triggered Altcoin events. With the halving in April 2024 near the same period, a similar decline could occur within the next 100 days.
Analyst Wimar X expects the ALTCOIN -market capsule to waves against $ 15 trillion if the trend is repeated.
Ethereum -Metrical warns of potential bull trap
The largest part of ETH’s market capital – about $ 123 billion – is owned by investors who bought between $ 2,300 and $ 2,500, according to Onchain Data from Glassnode.
If ETH’s price falls slightly during this interval, a large number of holders would fall into a loss. It can increase the risk of selling panic and adding pressure to the market.
So while ETH shows technical strength, its support remains low unless it can move further away from this cost zone.
This article does not contain investment advice or recommendations. Each investment and trade movement involves risk, and readers should make their own research when making a decision.