Ethereum Mirrors Bitcoin 2020 Breakout Setup – Historic Run Incoming?

Ethereum's price has broken past the $2,500 mark and is attempting to reclaim momentum and higher resistance. Despite global pressures, ETH continues to show resilience, leading market analysts to think it could be leading the charge into a long-anticipated altseason. Top analyst Ted Pillows points to a compelling technical pattern, where Ethereum has now posted four consecutive two-week green candles, a formation that mirrors Bitcoin's price structure in early 2020. This period marked the beginning of Bitcoin's legendary bull run to $69,000. According to Pillows, the similarities between BTC in 2020 and ETH in 2025 are "just mind-blowing," sparking renewed interest from traders who see Ethereum's current consolidation as a bullish continuation. Ethereum is holding strong above the $2,600 level, showing resilience amid global macro uncertainty and volatile market conditions. Analysts are watching this range closely, believing that if Ethereum can maintain and break above near-term resistance, it could lead to a new rally phase, potentially triggering a broader altseason. The comparison has sparked optimism that ETH may be preparing for a similar breakout, especially if it clears resistance near $2,700-$2,800. While the macro environment remains tense, this technical structure paired with rising confidence in ETH's strength keeps bulls hopeful that a major move is on the horizon.