jakiro
When Bitcoin is taking the headlines, the entire crypto market is paying close attention.But behind the light of Bitcoin, there is a repetitive story familiar to experienced investors: Ethereum will eventually become the focus—and when it does, other counterfeit markets tend to follow.
Now, the story is happening again.
1. Data won’t lie
Ethereum prices have exceeded $4,700 in the past month — the highest level since the end of 2021.It has risen by more than 30% over the past seven days, surpassing Bitcoin’s performance and showing new power.
More importantly, Ethereum has recently broken through the $4,000 resistance level, which has restricted its price for months.This is not a tentative breakthrough—but a decisive action, supported by surge in transaction volume and institutional participation.Technical analysts are now discussing a target price range of $6,000 to $8,000 if the current momentum continues.
2. Why is Ethereum soaring now
Ethereum’s rise is not just following in the footsteps of Bitcoin—it has its own set of powerful driving factors.
Organizational accreditation
The biggest improvement of Ethereum in 2025 is the introduction of spot ETH ETFs in the US market.Giants like BlackRock, Fidelity and Grayscale now offer opportunities to invest directly in ETH.
The transaction volume was huge – more than $120 billion in just a few months – and the inflows remained stable.It’s not just retail speculation; pension funds, wealth management companies and corporate fund pools are bringing ETH into their portfolios.
Stablecoin regulation is favorable
The GENIUS Act passed by the United States provides clear guidelines for stablecoins, which has a direct impact on Ethereum.
Why?Because most stablecoins – USDT, USDC, etc. – are mainly issued on Ethereum.The adoption of stablecoins has driven Ethereum’s transaction volume, increased demand for gas, and consolidated its position as the global settlement layer for capital flows.
Business balance sheet demand
Small and medium-sized publicly traded companies are quietly adding Ethereum to their balance sheets.Reuters reported that corporate ETH held by companies jumped from 116,000 ETH at the end of 2024 to nearly 1 million ETH in mid-2025 — worth about $3.5 billion.
These companies are not just buying for price appreciation—they earn an annualized rate of return of 3-4% by pledging ETH, turning it into a productive asset.
Macro cool wind
A broader economic background is also helping.Risk assets — from stocks to cryptocurrencies — are gaining support as the Fed suggests a possible rate cut later this year.Lower interest rates make yield-based digital assets such as pledged ETH more attractive than bonds or savings accounts.
3. Cycle: Bitcoin leads, Ethereum follows, copycat season catches up
If you look at the big picture, Ethereum’s rise is not surprising—it fits in the pattern we have seen many times.
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Phase 1 – Bitcoin dominates: Bitcoin first rises, attracting institutional funds and mainstream attention.
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Phase 2 – Ethereum Breakthrough: Once Bitcoin stabilizes, funds will turn to ETH.ETH’s percentage increase exceeded BTC.
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Phase 3 – Copy Season: As ETH rises, small copy seasons follow – usually bring greater returns than BTC and ETH.
We’ve seen this in 2017 and 2021.At each, Ethereum’s rise marks the beginning of a wider scourge of copycat season.Now, the same sequence seems to be forming.
4. Why Ethereum’s role in the cycle is so critical
Ethereum is not just “another copycat season”.It is almost the infrastructure for the most important use cases of cryptocurrencies:
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Decentralized Finance (DeFi) – Billions of dollars in transactions, borrowing and earnings farming are conducted on Ethereum every day.
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NFT and digital assets – Ethereum is still the home of the largest NFT market.
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Stablecoins and payments – Most stablecoin transfers are made on the Ethereum network.
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Layer 2 ecosystem – networks like Arbitrum, Optimism, and Base are settled to Ethereum, bringing more basic layer security fees.
When ETH rises, it sends a signal that the market is ready to take more risks outside of Bitcoin.
5. Are we entering the copycat season?
Several indicators show that the answer is yes.
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ETH outperforms BTC: ETH has risen about 54% over the past month, while Bitcoin has risen only about 10%.
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BTC dominance declines: Bitcoin’s share of the overall market capitalization of the entire crypto market is declining—an early sign of capital rotation.
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The index of copycat season rises: The index tracking the intensity of the copycat season against Bitcoin has risen from more than 20 to more than 30, with a trend upward trend.
If this pattern continues, Ethereum’s momentum could trigger a chain reaction of the copycat season—which has often led to the most explosive trend in the crypto market in history.
6. What may interrupt the rise
Although the situation is bullish, it is worth remembering that nothing is going straight up.
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Regulatory variables: If U.S. or EU regulators take action against the security status of staking, DeFi or Ethereum, momentum may slow.
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Macro shocks: Unexpected inflation, geopolitical tensions or sudden shifts in Fed policies may curb risk appetite.
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Profit-taking: After a big rise, traders often take profits, triggering a sharp but temporary pullback.
For long-term investors, the key is to separate short-term volatility from structural drivers – as these drivers remain strong.
7. Why this time it may be bigger
Ethereum’s previous breakthrough occurred before institutions of this scale today.There are no spot ETFs in 2017 and 2021.The company’s balance sheet does not actively accumulate ETH.The settlement volume of stablecoins is only a fraction of what it is today.
Now, fundamentals are consistent with the cycle pattern:
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Institutional capital inflows are sustainable, not speculative.
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Through pledge, ETH has a profit component, making it compete with traditional profit products.
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The regulatory clarity of stablecoins strengthens the basic use cases of Ethereum.
This combination could make Ethereum’s next wave of gains longer than it was in the past—and possibly stronger.
8. Operational Guide for Strategic Investors
If history repeats itself, here are the sequences to pay attention to:
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Bitcoin surge: We have seen – BTC breaks through $120,000 to lay the foundation.
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Ethereum acceleration: It is happening – ETH breaks through the multi-year resistance level and attracts institutions.
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Copy season rotation: Pay attention to the further breakthrough of ETH to BTC (the increase in the ETH/BTC ratio), which is the green light signal of the copy season.
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Selective Positioning: In the copycat season, the highest quality projects usually perform first, and then liquidity flows to the more risky assets.
For investors who already hold ETH, the current environment supports patience and confidence.For traders, focusing on ETH dominance and ETH/BTC ratio can provide clues to timing to enter smaller assets.
The rise in Ethereum is not an isolated soar—it is part of a familiar market rhythm: Bitcoin leads, Ethereum follows strongly, and then other counterfeit seasons markets wake up.
What’s different in 2025 is that Ethereum’s breakthrough is backed by real adoption, institutional infrastructure and clear regulatory victory—not just speculation.This is a foundation that can support a larger trend.
If history has any guidance, the fireworks show may have just begun.
