Analysts: The current trend of Ethereum is similar to that of 2016-2017, and it may usher in an explosive rise

Market analyst VentureFounder forecasts that Ethereum will experience an "impulsive breakout" in the coming months.
The analyst pointed out that the current trend of Ethereum is similar to its 2016-2017 cycle, predicting a repeat of the explosive rise that drove ETH to new highs at that time.
VentureFounder's ETH price target is to reach $15,937 by May 2025, which will push Ethereum's market cap above $1 trillion for the first time.
To achieve this bullish scenario, analysts have emphasized the importance of Ethereum maintaining $3,800 as a weekly support. Successfully maintaining this level will increase the likelihood of re-testing its all-time high of $4,878 in the short term, followed by continued gains.