- Ethereum mirrors Coinbase’s blueprint as both assets confirm bear traps, accumulation, and recovery phases that strengthen their upward momentum.
- Coinbase gained 15% above its base while Ethereum surged 60% from its accumulation range, signaling stronger recovery momentum for ETH.
- The alignment of Ethereum and Coinbase price structures highlights the deep link between crypto assets and related equity markets.
Ethereum is entering a decisive phase as traders closely examine similarities between its chart and Coinbase Global Inc.’s price action.
Market analyst Merlijn The Trader remarked, “Want to know where $ETH goes next? Look at Coinbase $COIN. Same bear trap. Same accumulation. Same correction. The blueprint is already there. COIN moved first. ETH detonates next.” This comparison is fueling strong interest as both assets show aligned market structures and recovery signals.
According to the chart, Coinbase is up 1.92% from the previous session and is presently trading at $312.59. Ethereum, meanwhile, has gained $162.65 and is now trading at $4,153.90. Throughout 2025, both assets exhibit notable correlation patterns that show synchronized market behavior between digital assets and conventional crypto-linked stocks.
Coinbase corrected by 35% from highs near $450 before bottoming around $290. Ethereum also faced a retracement, dropping 23% from $4,950 to $4,150. However, Ethereum’s decline proved less severe than Coinbase’s deeper pullback.
Both charts reveal bear traps during these corrections. Red boxes mark failed breakdowns that quickly reversed upward, trapping short sellers. Consequently, these formations signaled the exhaustion of selling pressure and paved the way for fresh accumulation phases.
Accumulation and Recovery Momentum
Coinbase’s consolidation developed within the $250-$270 range during spring months. Ethereum’s accumulation emerged earlier between $2,200 and $2,600. Hence, both assets built strong foundations before breaking out of downward channels marked by red diagonal trend lines.
Moreover, Coinbase now trades roughly 15% above its base, reflecting steady institutional buying. Ethereum, however, sits nearly 60% above its accumulation zone. This shows stronger momentum and validates a more powerful rebound compared to Coinbase.
Additionally, this trend is supported by volume patterns. Both assets showed consistent accumulation and less selling pressure, indicating heightened market confidence. Additionally, the breakthrough above declining trend lines indicated the conclusion of corrective phases and validated trend reversals.
