Ethereum (ETH) is showing signs of a potential major breakout after a 4-year consolidation period.
Analysts draw parallels between Ethereum's current cycle and its previous cycle, highlighting extended consolidation phases followed by sharp rallies.
Technical analysis suggests that as long as Ethereum maintains its current support zone, a continuation toward higher resistance levels is likely.
Traders and investors are closely monitoring Ethereum for potential bullish signals, with 2025 being identified as a key year for a breakout like the one seen post-2020.