Ethereum (ETH) to Soar Higher? Analyst Highlights Key Fractal Hinting at an Upside Move

Date: Mon, June 09, 2025 | 05:10 AM GMT

The cryptocurrency market is experiencing a wave of choppy consolidation, and Ethereum (ETH) has been no exception. Since May 13, ETH has been trading between $2,700 and $2,400—caught in a tight range. Despite the sideways action, ETH remains up over 36% since the start of Q2, showing impressive strength compared to broader market conditions.

Source: Cryptorank

But amid this consolidation, an intriguing technical fractal is drawing serious attention—one that could hint at a powerful breakout in the making.

Ethereum Mirrors Gold’s Fractal

According to latest insights from popular crypto figure known for her accurate predictive moves,  Honey , Ethereum’s current weekly chart appears to be mirroring the same price fractal that gold (XAUUSD) followed in previous years—right before its explosive breakout.

As shown in the side-by-side chart comparison, gold formed a triple rounded-top structure between 2020 and 2023, followed by a deep bottom that marked the end of the corrective phase. After bottoming out, XAUUSD reversed strongly and went on to set new all-time highs above $2,400.

ETH and GOLD Chart/BTC and ETH Chart/Source: @honey_xbt (X)

Now, Ethereum seems to be tracing a nearly identical pattern. The ETH/USD weekly chart shows a similar sequence of rounded tops in 2024, a corrective move that bottomed around $1,600 in early 2025, and now, a potential reversal structure that is pushing ETH back above $2,500.

If the fractal continues to play out the same way it did for gold, Ethereum could be gearing up for a significant move higher—possibly eyeing the $4,000 to $4,400 range in the coming weeks.

Final Thoughts

Ethereum is at a pivotal stage. While short-term consolidation could still persist, the larger fractal comparison with gold offers an encouraging perspective for bulls. If history repeats—or even rhymes—ETH might be setting up for a powerful upside leg that could take many by surprise.

Stay tuned as this fractal continues to unfold.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.