Analysts Suggest Ethereum May Repeat 2020 Trend with Potential Rally

Crypto analyst Mister Crypto suggests that Ethereum (ETH) may be poised for a significant price rally, reminiscent of its performance in 2020, despite current pessimism in the market.

Market Overview

ETH dropped 5% recently, with market turmoil causing a loss of over $140 billion in 24 hours.
The cryptocurrency is nearing cycle lows around $1,700.
Mister Crypto indicates that while retail investors are exiting, large investors, or whales, continue to accumulate ETH.
Whale wallets holding between 10,000 and 100,000 ETH have increased their holdings since early 2025.

Price Predictions

Another analyst, Crypto Caesar, believes ETH is near a bottom but warns it could fall to $1,200 if support is breached.
Analyst Cryptododo7 predicts bearish targets of $1,130 to $1,200 for ETH.
Despite concerns, market commentator Titan of Crypto states ETH could reach new all-time highs later this year.

As of now, ETH trades at approximately $1,777. Analysts remain divided on its short-term outlook, with some indicating potential further declines before recovery.