Is Ethereum (ETH) Ready for a Breakout Like June 2025?

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Okay, folks, here’s the deal: Ethereum (ETH) is chilling at around $4,100, with a whopping daily trading volume of $27.6 billion. It’s had a tiny slip-up in the last 24 hours (who doesn’t?), but it’s still up more than 6% this week. Traders are holding their breath, watching those key levels to see if ETH will just keep moseying along sideways or if it’s about to go full throttle on a new uptrend. 🎢

And of course, the price action has traders comparing it to past moves that led to big rallies. Because why not? Let’s look to the past, because nothing says “predictable future” like using hindsight. 🔮

Pattern Resembles June-July Setup

According to Analyst Galaxy (who sounds like someone who knows what’s up), ETH’s current situation looks a whole lot like what we saw in June-July 2025. Back then, ETH bounced from $2,500 to $3,800 after playing around with lower lows and then just hanging out in a tight little range, like a kid refusing to leave the candy store. 🍬

$ETH

Looking like June-July 2025, before the run from $2500 to $3800.

We could very well be in the consolidation phase before the run to new all time highs.

– Galaxy (@galaxyBTC) October 28, 2025

Right now, ETH is doing its best impression of a cucumber, just hanging out between $4,000 and $4,150. No new lows, just sideways action, which some people (including me, and by “me” I mean “them”) think might be the calm before the storm. ⛈️

But wait, there’s more! Another analyst-Crypto Rover, because apparently all analysts have cool nicknames now-dropped a chart showing how ETH’s current vibe is exactly like late 2020. Back then, ETH stayed in a tight little box before breaking out in November and just kept going up, like your favorite rocket ship. 🚀

The chart shows a descending channel forming just after ETH’s March 2025 low. Kind of like the setup before 2020’s breakout. So, based on this chart, get your popcorn ready around late October or early November for a potential big move. 🍿

Traders Watching Key Resistance

Now, Analyst Ted-who sounds like he’s totally on the ball-said ETH recently couldn’t hold above $4,250 and pulled back to test some support near $4,050. Oh no, ETH, not again! 😱

“So far, Ethereum is showing a strong bounceback and could rally toward the $4,200-$4,300 level again today,” he said. Fingers crossed! 🤞

In other thrilling news, ETH is forming a “Power-of-3” pattern, which sounds like something out of a Marvel movie. If ETH can break through $4,250, we might be looking at the next phase of expansion, aka money moves. 💸

Market Activity and Developer Debate

Meanwhile, ETH-based investment funds had a little bit of a rough week, with $169 million in outflows, breaking a five-week streak of inflows. Whoops! But no worries, there’s still a lot of love for leveraged ETH products, meaning people are still betting on short-term action. 🏃‍♂️

And of course, no drama is complete without some good ol’ developer drama! Ethereum co-founder Vitalik Buterin and Solana’s Anatoly Yakovenko were in a heated debate about Ethereum Layer 2 security. You know, because when it comes to securing your network, a little friendly argument never hurt anyone. 🗣️

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2025-10-28 15:55