Is Ethereum ‘Most Hated Rally’ About To Begin? Analyst Finds Bitcoin Cycle Similarities

Name	Symbol	Market	Market Cap ($)	Algorithm
Optimism	OPUSD	Crypto	1,393,128,245	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Optimism

OPUSD

Crypto

1,393,128,245

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.010	-0.89%	1.11	1.11	1.11

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.010

-0.89%

1.11

High Price	Low Price	Open Price	Prev. Close	52 Week Range
1.16	1.11	1.12	1.12	0.789100 - 4.86

High Price

Low Price

Open Price

Prev. Close

52 Week Range

1.16

1.11

1.12

0.789100 - 4.86

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	10:41:48	1.08	1.11	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

10:41:48

1.08

1.11

USD

Price x Volume	Volume	Base Symbol	Related Pairs
953,750.79	839,293.78	OP	OPEUR	OPGBP	OPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

953,750.79

839,293.78

OPEUR

OPGBP

OPBTC

Is Ethereum ‘Most Hated Rally’ About To Begin? Analyst Finds Bitcoin Cycle Similarities

12/02/2025 3:00pm

NEWSBTC

After a relatively subdued price performance in 2024, Ethereum (ETH) could be on the verge of a significant breakout. A recent analysis by a well-known crypto analyst suggests that the second-largest digital asset may soon enter what they call its “most hated rally.” Is It Finally Ethereum’s Time To Shine? Since reaching its all-time high (ATH) of $4,878 in November 2021, Ethereum has struggled to regain momentum, while other cryptocurrencies such as Solana (SOL), SUI, and XRP have delivered substantial returns to investors. Related Reading: Ethereum Positioned For A ‘Major Move Upward’ In 2025, Analyst Forecasts Currently, ETH is trading at $2,649 – only 5.5% higher than its price exactly one year ago. In stark contrast, XRP has surged an astonishing 365% during the same period. Even Bitcoin (BTC), despite its much larger market cap, has recorded a 100% gain in the past year. As a result, investor confidence in ETH appears to be dwindling. Recent on-chain analysis indicates that ETH ‘whales’ – wallets with significant ETH holdings – have been offloading, even at a loss. However, this trend could change dramatically. According to crypto analyst Titan of Crypto, Ethereum’s “most hated rally” could be just around the corner. The analyst draws parallels between Ethereum’s current price action and Bitcoin’s behaviour during its third market cycle between 2018 and 2020. The weekly chart below illustrates the striking similarities between the two assets. According to the analysis, Ethereum is currently in what is known as the “manipulation phase.” If history repeats itself, ETH is likely to enter the “run-up phase” once it decisively breaks through the “re-accumulation phase.” Notably, the chart also highlights that ETH has faced rejection at a crucial resistance level around $4,000 exactly three times – mirroring Bitcoin’s behaviour during its third market cycle before eventually breaking out. Similarly, another crypto analyst, Ted, has compared Ethereum’s price chart to that of XRP. He notes that XRP remained in a consolidation phase for nearly three years, experiencing little to no price movement, only to surge by 250% within just five weeks. Bullish Signs For Ethereum Despite hedge funds holding a large short position on ETH due to its recent subpar price performance, analysts are optimistic that 2025 will bring joy to the ETH bulls. Related Reading: Ethereum Holds Multi-Year Bullish Pattern – Expert Suggests The Next Move Will Be ‘The Real Deal’ For instance, recent analysis by crypto analyst Kiu_Coin suggests that ETH is on the cusp of an explosive price rally that may send it to $17,000. Another report published in January 2025 projects ETH price to climb to $8,000, outperforming BTC. Another sign of growing confidence in Ethereum is the increasing capital inflow into Ethereum exchange-traded funds (ETFs), outpacing Bitcoin ETFs in recent weeks. This trend indicates renewed optimism and a possible capital rotation into ETH. At press time, ETH trades at $2,649, down 1.1% in the past 24 hours. Featured image from Unsplash, charts from X and Tradingview.com

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