The cryptocurrency market situation may change due to recent events related to Ethereum. Current patterns are reminiscent of those seen in May 2025, when assets experienced noticeable growth.
Ethereum's Growth Pattern
Ethereum (ETH) shows a repeating pattern similar to Coin (COIN) in May 2025. After an extended consolidation, a sharp rise indicated by a large bullish candle propelled both assets upward. Currently, ETH also possesses the potential to repeat such dynamics.
Market Situation and Macroeconomics
A key driver of the current situation is the US government's decision to postpone the tariff deadline until August 1, 2025. Traders view this as a bullish signal, potentially alleviating the macroeconomic fears that plague the cryptocurrency market. The release from such concerns may trigger demand for ETH, especially if investors shift capital from traditional assets to digital ones.
Future Prospects
Several technical indicators supporting an optimistic outlook exist. ETH has already established a tight base over recent weeks, creating conditions for a breakout. Increased transaction volume hints at buyer accumulation. A sudden surge of interest, combined with improvements in the macroeconomic landscape, could trigger a sharp upward movement in the asset.
Considering the easing of tariff concerns in the US and the favorable chart structure, Ethereum is poised for significant changes. One strong weekly candle may be enough to drive the asset up by 15-20%, mirroring COIN's earlier performance in May.
