Ethereum Mirrors Gold’s 142% Rally Setup After 4-Year Consolidation

• Ethereum is catching traders’ eyes after fresh chart analysis revealed it’s copying gold’s playbook from years ago. Both assets ground through roughly four years of sideways action inside wide trading ranges before trying to break higher. The current setup shows Ethereum getting rejected at the top near $4,000, then pulling back to support—exactly what gold did before exploding higher.

• Gold’s story is telling: after failing near resistance, it got hammered down into support in a classic shakeout move. Then it ripped 142 percent higher. Ethereum’s price action is following that same script beat for beat. The failed push above $4,000, the rejection, the drop back into the lower end of its multi-year zone—it’s all lining up.

The structural setup between these two assets is remarkably similar at this stage.

• What makes this pattern interesting is that long consolidation phases in major assets often set up big directional moves. If Ethereum keeps tracking gold’s path, we could be heading into a stretch of serious volatility with meaningful upside potential. The comparison isn’t a guarantee, but it shows how cyclical behavior and structural patterns tend to repeat across different markets, even when the assets themselves are completely different.

My Take: History doesn’t repeat exactly, but patterns rhyme. Ethereum sitting at this inflection point after years of consolidation gives it real breakout potential. If it follows gold’s path, the next leg could surprise a lot of doubters.

Source: Merlijn The Trader