Ethereum repeats the 2017 scenario .. Is the market preparing for a huge start?

Ethereum is currently in a pivotal moment that may mention many of what happened before the historical boom in 2017.

After overcoming the recently 3800 barrier, it seems that the price path is following the same steps that paved the way for an explosion by 5,000% before eight years, which raises important questions about the next stage of the market tournament.

A clear similarity with the 2017 emerging cycle

During 2016 until mid -2017, Ethereum was suffering from a noticeable delay compared to Bitcoin’s movements, and prices were fluctuating amid failed attempts to penetrate new levels.

During this period, the currency witnessed two periods of “upscale traps”, which quickly collapsed before it suddenly proceeded towards unprecedented altitudes.

The last graphic analysis presented by the analyst “Merlijn The Trader” on the platform (X) clearly shows that the price of Ethereum is currently almost identical to that historical style. During the past year, the price moved in a narrow range permeated a collapse of approximately 50%, which the analyst considered a perfect landing trap similar to what happened previously.

Are we witnessing a repetition of a 5,000%increase?

In 2017, Ethereum started from less than $ 8 to more than $ 250 in less than 12 months, an increase of approximately 5,000%.

And if this same model is applied to the current situation in 2025, the price may jump to levels of up to $ 40,000, although this scenario remains theoretically.

Given that the current market value of the currency is much greater than in 2017, realistic expectations are more conservative, and some analysts believe that reaching the level of $ 10,000 is a logical goal, which represents an increase of approximately 200% of the current prices, and if the course continues on the same time frame, this may be achieved during the next six months.

Institutional support turns the equation

Unlike 2017, Ethereum is now with a huge institutional support that was not previously available, and according to “The Block” data, companies that maintain financial precautions in ETH have pumped more than $ 7 billion in them so far, of which $ 2 billion in July 2025 only via the approved trading boxes (Spot ETFS).

This institutional impulsion gives the market stability and higher liquidity, which makes the major institutions now that control the rudder of price movements according to the expression of the analyst itself, and this enhances the possibility that the 2017 scenario is repeated, but in a more mature and confident style.