3 Ethereum Fractals Showing ‘Massive Bounce’ Potential in ETH Prices

Ethereum (ETH) has struggled in 2025, with its market cap down more than 40% year-to-date (YTD) as of March 18. In doing so, the second-largest cryptocurrency is underperforming its top rivals, including Bitcoin (BTC) and several major altcoins.

The decline follows concerns over Ethereum’s shifting supply dynamics, declining transaction volumes, and increased competition from Layer-1 blockchains like Solana (SOL).

However, new technical indicators suggest Ethereum could be nearing a massive recovery. Several historical fractals and long-term trendlines hint at an imminent rebound. Here are three key charts pointing to Ethereum’s bounce potential.

Ethereum is Mirroring 2017’s Bull Run Setup

A historical comparison between Ethereum’s 2017 price action and 2025 structure suggests a potential breakout.

The chart highlights a five-wave accumulation pattern that preceded ETH’s 50x explosion in 2017. A similar structure has emerged in 2025, indicating Ethereum could be on the verge of another parabolic move.

The ICO boom fueled Ethereum’s 2017 bull run, which saw developers launching token sales on the Ethereum blockchain. This massive influx of capital drove ETH from under $10 to over $1,400 within a year.

While ICOs are no longer the primary driver, favorable US policies and Ethereum’s apparent Wall Street expansion may fuel the 2025 rebound rally.

Ethereum is Retesting a 5-Year Trendline

Ethereum’s price action over the past five years has consistently respected an ascending trendline, which it is currently retesting. This multi-year support level previously marked major cycle bottoms, including the March 2020 crash and the post-FTX collapse in 2022.

Each time ETH has touched this long-term trendline, it has bounced back with force, leading to significant rallies. Ethereum could be positioned for a sustained upside move if this trendline holds, reinforcing bullish expectations.

Unlike previous tests, Ethereum now faces weaker on-chain activity and rising competition from rival networks.

However, the upcoming Pectra upgrade and a dying memecoin market could prompt traders to rotate capital back into the Ethereum market, making its retest of a critical support level a bullish event altogether.

Ethereum’s 2020 Fractal Signals a Bottom

Another historical fractal from Ethereum’s 2020 cycle aligns with the current price action. Back then, ETH suffered a steep decline before bottoming in March 2020. What followed was a relentless uptrend that propelled Ethereum to a new all-time high above $4,800.

The DeFi boom and institutional accumulation in 2020, primarily led by a low interest rate environment macroeconomically, played key roles in Ethereum’s rally. The introduction of yield farming and decentralized lending protocols specifically drove organic demand for ETH.

Ethereum’s ongoing decline mirrors a correction period during the 2020 uptrend, showing a similar descending trendline break approaching. If ETH follows the 2020 fractal, it could mark a solid bottom before launching into a new bull cycle.