Usman Salis
⬤ Ethereum is showing a long-term fractal structure that's appeared before in its history, and it's turning heads again. ETH formed a first dip followed by a double dip bottom in past cycles, and those setups preceded some of the strongest rallies in the asset's history. The monthly chart highlights those historical turning points and lines them up against what's developing right now.
⬤ Back in 2019, ETH took an initial hit, then carved out a double bottom before surging through 2020 and into the broader bull run. The setup forming in 2024 looks remarkably similar: a first dip, followed by a second base building out into 2025-2026. When these kinds of fractal patterns show up at the monthly level, technical traders tend to watch closely, since extended basing phases have historically resolved to the upside. That's consistent with analysis covered in ETH Holds Bullish Structure Inside Monthly FVG Zone, which found Ethereum's long-term framework still intact through recent pullbacks.
⬤ The chart's annotated trend lines map out a rhythm of decline, consolidation, and expansion that keeps repeating across cycles. A similar read appeared in Ethereum Fractal Shows $3,080 Consolidation Could Mirror Late-2025 Breakout Pattern, which also looks at how recurring base formations can set the stage for a breakout once resistance gets cleared. Broader cycle context comes through in Ethereum Price Analysis: Setup Suggests a New Expansion Phase, which connects familiar technical patterns to the possibility of a larger move developing.
⬤ History doesn't guarantee anything, but the current ETH monthly structure keeps reinforcing the same narrative. If the double bottom completes and ETH manages to break above key resistance, it would echo the same kind of structural breakout that played out in earlier cycles. For now, technical rhythm remains one of the stronger signals shaping how traders are framing Ethereum's path forward through this cycle.
Usman Salis
