- Ethereum’s rising dominance and strong chart patterns show it may lead the next altcoin rally and reclaim a 15% market share.
- ETH/BTC is nearing a key resistance level, and a breakout could spark major moves across Ethereum and the broader altcoin market.
- With ETH bouncing back from $800 to $3,400, analysts believe momentum and community confidence are building fast for another big run.
Ethereum (ETH) could soon capture 15% of the crypto market share. Market dominance charts and price performance hint at a powerful recovery phase, which could also lift altcoins alongside ETH. From historical volatility to strong technical zones, Ethereum appears poised for a major breakout after years of erratic swings.
Source: Crypto Yoddha
The price of ETH started 2018 at almost $1,400 before plummeting 90% to under $100, according to Crypto Yoddha. During the market meltdown of 2017–2018, this terrible decline occurred. In 2019, however, a gradual and steady recovery began. ETH surged over $4,800 in late 2021 after surpassing $400 by 2020. The expansion of DeFi and institutional usage drove that action.
Technical Patterns Reveal Bullish Setup
In 2022, ETH dropped sharply to around $1,000 as interest rates rose and regulations tightened. The bearish wave dragged prices further down through 2023 and 2024, bottoming near $800. However, signs of life returned in 2025. The current price hovers near $3,400, with momentum building on strong trendlines.
Moreover, the ETH/BTC pair is approaching a critical level. This zone has served as resistance and support since 2016. If ETH breaks above this historical line, analysts expect a broader altcoin rally to follow. The setup aligns with bullish sentiment across technical indicators.
Besides the trendlines, Ethereum’s market dominance chart also shows strength. The dominance rate has begun rising again, suggesting ETH is outperforming other coins. If this trend continues, ETH could reclaim a strong 15% market share. That would significantly impact the altcoin space, especially during a bullish cycle.
Community Sentiment and Historical Lessons
Crypto trader Jelle noted that ETH/BTC is nearing a “monster level” that triggers major moves. A breakout may signal renewed interest in ETH-led altcoin seasons. Additionally, Ethereum’s long-term fundamentals remain solid, backed by developer activity and Layer 2 growth.