ETH 2025 Fractal May Trigger 250% Rally To New Highs

Ether bounced off multi-year support, while a bullish MACD crossover could signal that ETH is on the path to new highs.

Ether (ETH) is currently displaying a technical pattern that follows a 2025 fractal, in which Ether gained 250%. The weekly timeframe chart shows Ether retesting an ascending trend line that has supported the price since 2022.

A bullish cross from the moving average convergence divergence (MACD) indicator also confirmed the price bottom.ย 

ETH/USD weekly chart. Source: Cointelegraph/TradingView

Etherโ€™s current price action is following a similar pattern, with the price again bouncing off the same structural support and a confirmed bullish MACD crossover.ย 

โ€œSimilar structure. Similar dump. Similar consolidation,โ€ analyst Max Crypto said in an X post on Tuesday, adding:

โ€œWhat if $ETH repeats the Q2/Q3 2025 rally?โ€

If history repeats itself, ETH may rally by more than 250% toward $6,300.ย Further confirmation of a trend reversal now hinges on Ether โ€œcrossing the key $2,400 range,โ€ fellow analyst Cryptorand said, adding:

โ€œIf it manages to consolidate over, it will trigger the bullish reversal.โ€

ETH/USD three-day chart. Source: X/Cryptorand

Etherโ€™s apparent demand hits a 90-day high

Etherโ€™s apparent demand turned positive after rising to its highest level since Dec. 31, 2025, as hopes for a deal between the US and Iran boosted investor sentiment.

Capriole Investmentโ€™s Ethereum Apparent Demand metric reveals that the demand for Ether has been positive since April 8, rising to a high of 24,111 ETH on April 14.ย 

ETH apparent demand. Source: Capriole Investments.

The surge in Etherโ€™s apparent demand could be attributed to rising US demand, as measured by the Coinbase premium index.ย ย 

The ETH Coinbase premium index measures the price difference between the ETH/USD pair on Coinbase and Binanceโ€™s ETH/USD equivalent.

The chart below shows that the index has flipped positive, rising to 0.055, its highest level since October 2025.ย 

โ€œThe indexโ€™s rise to 0.055 reflected a significant influx of institutional liquidity, โ€ CryptoQuant analyst Arab Chain said in a Quicktake analysis on Tuesday, adding:

โ€œIt typically signals increased demand from institutional investors, particularly in the US market.โ€

Ethereum Coinbase Premium Index. Source: CryptoQuant

Meanwhile, spot Ethereum ETFs have recorded net inflows for three consecutive days, totaling $160 million.ย 

Spot Ethereum ETF flows chart. Source: SoSoValue

Global Ether exchange-traded products (ETPs) also recorded $196.5 million of inflows last week, reinforcing increased demand for ETH among institutional investors.