Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13286
Markets: 103975
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13286
Cryptocurrencies
63.99%
Bitcoin Share
NewsBTC 2025-06-24 07:30:11

Is Ethereum Staging A Repeat Of 2021? Here’s Why A 200% Surge Could Follow

Is Ethereum Staging A Repeat Of 2021? Here’s Why A 200% Surge Could Follow

Ethereum saw a notable decline in its price over the last week, and the weekend culmination pulled the price back towards levels not seen in over one month. The movement tracks with the established bearish trend of the month of June and continues to show mounting sell pressure on the cryptocurrency. However, with this decline has emerged a trend similar to what was seen back in 2021, right before the market picked up and saw the beginning of the altcoin season. Ethereum Price Crash Similar To 2021 Looking at the current Ethereum price action and that of what was seen back in Q2 2021, there have been some striking similarities. Most especially, how the Ethereum price has performed in the month of June so far has been the same as what happened back in June 2021. Related Reading: Bears Will Be Washed Out Of Bitcoin If This Happens In 2021, the Ethereum price began the month of June trading above $2,600. However, as the month went on, the altcoin suffered multiple declines and crashed below $2,000 before it was over. Eventually, the price would find its bottom somewhere around $1,600 before the decline was over. Fast forward four years to the year 2025, and the month of June is showing the same trend. June 2025 had begun with the Ethereum price trending above $2,600 before the bears took control. Since then, the altcoin has crashed by more than 20%, and looks primed for more. Using the historical performance, it would suggest that the Ethereum price decline is far from over. If there is a repeat of June 2021, then Ethereum could suffer another 20% crash before the month of June is over, to find its bottom somewhere between $1,600 and $1,700. The Trigger For Altcoin Season Given that Ethereum is the largest altcoin in the market, it is naturally the trigger for the altcoin season. Looking back on 2021, the altcoin season began when the Ethereum price began to rally. But the recovery did not begin until the month of July, and eventually lasted into the month of November. Related Reading: XRP On-Chain Activity Down 80% In 5 Months, Experts Argue Bullish/Bearish Implications So far, investors are already looking positively toward July 2025, as there have been rumors of a rate cut. This is expected to trigger a market rally for risk assets such as Bitcoin and Ethereum, coupled with the fact that a resolution to the Iran-Israel war could be in the works. If this trend holds, then it is possible that the Ethereum price would begin to rally in July. As seen in 2021, Ethereum would end up rising over 200% in the course of five months, to put in a new all-time high in the month of November. Featured image from Dall.E, chart from TradingView.com

Most Read News

Moralis Money
Market Cap
24h Vol
63.99%
Bitcoin Share
288
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.