Analyst: Ethereum's current trend is similar to that of 2016-2017, and it may be on the verge of a dramatic increase

Market analyst VentureFounder predicts that Ethereum will experience a "breakthrough surge" in the coming months. The analyst points out that Ethereum's current trend is similar to its cycle from 2016-2017, predicting a repeat of the explosive rise that drove ETH to new highs at that time.

VentureFounder's ETH price target is to reach $15,937 by May 2025, which would push Ethereum's market value past $1 trillion for the first time. To achieve this bullish scenario, the analyst emphasized the importance of Ethereum maintaining $3,800 as weekly support. Successfully holding this level could increase the possibility of retesting its all-time high of $4,878 in the short term and potentially continue rising afterwards.