Ether could see a rally to over $5,000 based on technical chart patterns, as analysts predict that Ether’s bullish momentum may extend another year until the end of 2025.

Ether ( ETH ) price could surge above the $5,000 all-time high, driven by its correlation with Bitcoin ( BTC ) price, which surpassed $100,000 for the first time in history on Dec. 5.

Ether’s rally to the $5,000 record high may be a “minimum target,” according to fractal patterns  shared  by popular crypto analyst Titan of Crypto in a Dec. 6 X post.

Ether to $5K on fractals, BlackRock ETH ETF holdings 2x with $500M buy image 0

ETH/BTC, fractals. Source: Titan of Crypto

In crypto trading, technical traders use price fractal patterns to identify key support and resistance levels and potential trend reversals based on historical data.

However, Ether’s price remains 18% below its old all-time high of $4,800, which is a significant resistance level for the world’s second-largest cryptocurrency.

Ether to $5K on fractals, BlackRock ETH ETF holdings 2x with $500M buy image 1

ETH/USD, all-time chart. Source: Cointelegraph

Ether’s $479 billion market capitalization is worth $121 billion more than Bank of America’s $358 billion valuation, Companiesmarketcap data shows.

Ether to $5K on fractals, BlackRock ETH ETF holdings 2x with $500M buy image 2

ETH and Bank of America, market capitalization. Source: Companiesmarketcap 

Positive net inflows into the United States spot Ether exchange-traded funds (ETFs) could contribute to Ether’s predicted price appreciation.

Related: Bitcoin liquidity index points to $110K local BTC top by January 2025

BlackRock ETH ETF acquires $500 million of Ether

BlackRock’s latest ETF acquisitions may support Ether’s price rally to its old all-time high.

BlackRock’s ETF bought over $500 million worth of Ether during the past week, doubling its ETH holdings during the past month, shared onchain intelligence firm Arkham Intelligence in a Dec. 6 X post .

Ether to $5K on fractals, BlackRock ETH ETF holdings 2x with $500M buy image 3

Blackrock ETH ETF holdings. Source: Arkham Intelligence

The Ether ETFs amassed a cumulative $698 million worth of ETH during the past week, making it the highest week of inflows since they launched, Dune data shows .

Ether to $5K on fractals, BlackRock ETH ETF holdings 2x with $500M buy image 4

ETH ETFs, weekly flows. Source: Dune

For BTC, US-based spot Bitcoin ETFs accounted for about 75% of new investment in Bitcoin, pushing its price past the $50,000 mark by Feb. 15.

Related: How $100K Bitcoin impacts the wealth gap in the digital age

Ether Golden Cross signals more upside momentum

An emerging golden cross on the Ether chart could also contribute to its price rally, wrote crypto analyst Venture Founder in a Dec. 6 X post :

“Last time this happened, #Ethereum was still in the consolidation stages of the bear market but it still went +129%. In the 2021 bull market, the last golden cross took ETH +2,323%.”
Ether to $5K on fractals, BlackRock ETH ETF holdings 2x with $500M buy image 5

ETH/USD chart, golden cross. Source: Venturefounder

Increasingly more analysts are bullish on Ether price, with some predicting an “ impulse breakout” to $15,000 by the end of 2025.

Bitcoin Could Explode After $100K—Here’s Why. Source: YouTube

Magazine: Comeback 2025: Is Ethereum poised to catch up with Bitcoin and Solana?