- Ethereum follows a recurring pattern, signaling a breakout as price action aligns with past cycles and key support levels.
- Trading volume jumps 56.43%, showing rising investor interest as Ethereum tests a crucial support zone for potential movement.
- Market cap declines 5.80% while Ethereum consolidates, shaping price action amid increased liquidity and shifting sentiment.
Ethereum’s market structure is forming a familiar pattern seen in previous cycles, with price action aligning with historical trends. The asset is currently testing critical support levels, influencing market sentiment and liquidity conditions.
Ethereum’s Market Cycles and Technical Patterns
A distinct buildup phase appears to be underway, and this might signal a breakout since Ethereum is following past market cycles. Volume has increased quite substantially, and price action mirrors investor reaction to technical trends and liquidity flows.
According to market analyst Javon Marks, Ethereum is revisiting a pattern not seen since 2023, which preceded a big price rally. According to his study, the pattern consists of three rounded accumulation stages in mid-2023, early 2024, and March 2025. He indicated an important shift in price structure, implying potential bullish continuation in case previous patterns continue.
Source: Javon Marks
Tracking market behavior, Marks identified Ethereum’s recurring trend of bottoming out before rallying to new highs. A dotted projection extending beyond March 2025 suggests a possible upward movement following the third accumulation phase. The analysis suggests that Ethereum’s price could be setting up for another strong breakout, with structural similarities to past cycles.
Price Action and Liquidity Trends
A current valuation by CoinMarketCap places Ethereum’s value at $1,790.48, as its active price reflects in trading markets. The capitalization of the market is $216.04 billion, decreasing by 5.80% from changes in investor sentiment. Ethereum’s 24-hour trading volume, however, is at $23.79 billion, up by 56.43%, as market activity increases.
Breaking down liquidity shifts, both circulating supply and total supply in Ethereum equal 120.66 million ETH, with a steady issuance system in motion. Market capitalization to volume ratio equals 11.05%, noting increasing trading action versus the overall asset valuation. The sentiment within the community is 20% bearish and 80% bullish in favor of Ethereum’s historically cyclical but volatile state.
Source: CoinMarketCap
Looking at past price movements, Ethereum has experienced huge swings, topping out over $4,000 and then pulling back below $2,000. The long-term chart structure displays key accumulation points, aligning with observed technical formations. Ethereum’s trajectory suggests that price action remains deeply rooted in established market cycles, with liquidity and volume dynamics playing pivotal roles in its movement.
