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Key Takeaways:
- Ethereum trades near the critical 0.618 Fibonacci level, echoing Bitcoin’s 2020 setup.
- Growing corporate treasury interest may drive ETH’s next breakout.
- Key Fibonacci targets suggest ETH could reach $7,000 in a long-term rally.
Ethereum surged to $3,368.34 on a +3.99% daily gain, triggering renewed optimism among analysts tracking treasury inflows. A rising number of corporate treasuries are reportedly allocating to ETH, echoing a pivotal moment in Bitcoin’s 2020 cycle—when MicroStrategy’s accumulation sparked a historic rally. Now, Ethereum’s chart patterns appear to mirror that bullish path.
Treasury Activity Signals a Macro Shift
A growing wave of companies is beginning to add Ethereum to their balance sheets. This trend coincides with ETH hovering near the 0.618 Fibonacci retracement level at $3,269.81—historically a critical technical pivot. The current build-up phase, marked on charts by analysts, is reminiscent of Bitcoin’s breakout when corporate interest first accelerated.
These treasury plays seem to happen at the beginning of a parabolic bull phases for #Bitcoin and #Ethereum.$MSTR $BMNR $BTCS $BTBT $SBET $MTPLF $MARA pic.twitter.com/WwtPSJc1OA
— Cantonese Cat 🐱🐈 (@cantonmeow) July 30, 2025
Much like Bitcoin in 2020, Ethereum is now trading between the 0.618 and 0.786 Fibonacci levels, considered strong support and breakout zones. This alignment could act as a psychological and technical catalyst for Ethereum’s long-term upside.
Ethereum Mirrors Bitcoin’s 2020 Breakout
The current Ethereum setup closely parallels Bitcoin’s recovery from 2018 to 2021. Bitcoin’s explosive move past $60,000 began shortly after it reclaimed its 0.618 retracement level. If Ethereum continues to follow this trajectory, key Fibonacci extensions could guide its path to new highs.
Ethereum’s upcoming resistance lies at the 0.786 level ($3,749.03), with breakout targets at $4,880.00 (1.0), $5,684.77 (1.272), and $7,167.12 (1.618). These levels offer a clear Fibonacci roadmap for long-term bullish projections.
Also Read: Pepescape Crypto Presale Raises $1M as Ethereum Eyes $6K, Community-Owned Exchange Gigacex Unveiled
Institutional Demand Could Fuel ETH Surge
Treasury allocation has historically played a pivotal role in initiating sustained bull runs. Ethereum’s current structure and rising treasury interest may indicate the beginning of a broader institutional shift. Logarithmic charts suggest a similar exponential pattern, with ETH showing signs of strength in reclaiming key levels.
The question now is whether Ethereum can repeat Bitcoin’s success story—potentially climbing toward $7,000 if the bullish trend holds and corporate demand persists.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
