ETH mirrors historical fractal pattern that preceded massive 250% surge

ETH mirrors historical fractal pattern that preceded massive 250% surge

After rebounding from long-term support levels, Ether shows bullish MACD signals that may indicate ETH is heading toward fresh all-time highs.

Ether (ETH) is presently exhibiting a chart formation that mirrors a 2025 fractal pattern, during which Ether experienced a 250% increase. The analysis on a weekly timeframe reveals Ether testing once again an upward-sloping trend line that has provided price support dating back to 2022.

Additionally, a bullish crossover signal from the moving average convergence divergence (MACD) indicator has provided confirmation of the price bottom formation.

ETH/USD weekly chart
ETH/USD weekly chart. Source: Cointelegraph/TradingView

The present price movement of Ether is tracking a comparable formation, with the cryptocurrency once more rebounding from the identical structural support level alongside a validated bullish MACD crossover signal.

"Similar structure. Similar dump. Similar consolidation," analyst Max Crypto said in an X post on Tuesday, adding:

"What if $ETH repeats the Q2/Q3 2025 rally?"

Should past performance repeat itself, ETH could potentially surge by more than 250% in the direction of $6,300. Additional confirmation of a trend reversal is now dependent on Ether "crossing the key $2,400 range," fellow analyst Cryptorand said, adding:

"If it manages to consolidate over, it will trigger the bullish reversal."

ETH/USD three-day chart
ETH/USD three-day chart. Source: X/Cryptorand

Ether's apparent demand hits a 90-day high

The apparent demand for Ether shifted into positive territory following an increase to its most elevated level since Dec. 31, 2025, driven by optimism surrounding a potential deal between the US and Iran that has enhanced investor sentiment.

The Ethereum Apparent Demand metric from Capriole Investment demonstrates that Ether demand has maintained positive momentum since April 8, climbing to a peak of 24,111 ETH on April 14.

ETH apparent demand
ETH apparent demand. Source: Capriole Investments.

The increase in Ether's apparent demand may be linked to growing US demand, as indicated by the Coinbase premium index measurement.

The ETH Coinbase premium index tracks the price differential between the ETH/USD trading pair on Coinbase and Binance's ETH/USD equivalent.

The chart presented below indicates that the index has turned positive, increasing to 0.055, representing its most elevated level since October 2025.

"The index's rise to 0.055 reflected a significant influx of institutional liquidity," CryptoQuant analyst Arab Chain said in a Quicktake analysis on Tuesday, adding:

"It typically signals increased demand from institutional investors, particularly in the US market."

Ethereum Coinbase Premium Index
Ethereum Coinbase Premium Index. Source: CryptoQuant

In the meantime, spot Ethereum ETFs have registered net inflows over three consecutive trading days, accumulating a total of $160 million.

Spot Ethereum ETF flows chart
Spot Ethereum ETF flows chart. Source: SoSoValue

Worldwide Ether exchange-traded products (ETPs) similarly registered $196.5 million of inflows during the previous week, further reinforcing heightened demand for ETH among institutional investors.