- Ethereum’s 2025 weekly chart matches its 2017 pattern, reclaiming the 50 MA before approaching the $4K resistance level for a breakout.
- Institutional investment, ETF inflows, and limited supply distinguish 2025 from 2017, creating strong market demand supporting Ethereum’s upward trajectory.
- Open interest and funding rates rise alongside price, showing healthy market growth without signs of speculative excess or unstable leverage conditions.
The Ethereum price setup is exhibiting near-complete similarities to its 2017 bullish rally, where technical conditions indicate a possible sudden surge above crucial objections.
Technical Setup Aligns with 2017 Rally
A chart shared by Merlijn The Trader compares Ethereum’s 2025 weekly performance with its 2017 price action. Both periods show a reclaim of the 50-period moving average after extended consolidation. In 2017, this move preceded a breakout above a $12–$14 resistance range, triggering a sharp rally.
In the current 2025 setup, Ethereum has reclaimed and maintained levels above the 50 MA, with price approaching a $4,000 resistance zone. This technical formation mirrors the earlier cycle “bar for bar,” suggesting the market is building pressure for another upward move. Traders note that such structural replication can precede rapid price appreciation when resistance is broken.
Different Market Conditions in 2025
While the chart patterns appear similar, the drivers behind the moves differ. In 2017, retail speculation and early adoption were the primary factors behind Ethereum’s surge. In 2025, institutional involvement, ETF inflows, and constrained supply are adding a new layer of demand.
According to Merlijn, these elements could create sustained buying pressure, making projections of $10,000 per ETH potentially conservative. The green-marked consolidation zones on the chart indicate areas where price stability above the 50 MA may provide the foundation for stronger momentum.
Open Interest and Funding Rates Remain in Healthy Range
Daan Crypto Trades provided additional market context, noting that Ethereum’s open interest is rising in line with price movement. The current pace is described as steady, avoiding conditions where open interest outpaces price—often a sign of speculative overheating.
Funding rates are trending upward, a common occurrence during strong rallies into higher cycle levels. While this indicates increased market activity, Daan emphasized that there are no immediate warning signs of excessive leverage or instability in the current data.
With technical alignment to past performance and supportive market conditions, Ethereum’s position above the 50 MA and its proximity to resistance are drawing close attention from market participants monitoring a potential breakout.
