{"id":6896,"date":"2025-09-08T05:00:46","date_gmt":"2025-09-08T05:00:46","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-mirrors-bitcoin-post-ath-movement-as-market-bears-target-20-correction\/"},"modified":"2025-09-08T05:00:46","modified_gmt":"2025-09-08T05:00:46","slug":"ethereum-mirrors-bitcoin-post-ath-movement-as-market-bears-target-20-correction","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-mirrors-bitcoin-post-ath-movement-as-market-bears-target-20-correction\/","title":{"rendered":"Ethereum Mirrors Bitcoin Post ATH Movement, As Market Bears Target 20% Correction"},"content":{"rendered":"<p>Popular crypto analyst and key opinion leader Ted Pillows has outlined an insightful trend in the Ethereum (ETH) market amidst an ongoing price correction. Since hitting a new all-time high of around $4,900, the prominent altcoin has experienced an extensive price pullback. However, Pillows&#8217; insights suggest further price drops may lie ahead, before another explosive rally.<\/p>\n<h2><strong>Ethereum Heading To $3,900 Before Major Surge &#8211; Here&#8217;s Why<\/strong><\/h2>\n<p>In an Bitcoin&#8217;s price movement from the last market cycle. Notably, the premier cryptocurrency had experienced a 20% correction after reaching the previous ATH of $20,000 from the 2017 bull run. Thereafter, Bitcoin embarked on a bullish price run to establish a new ATH around $69,000.<\/p>\n<p>Similar to these conditions, the chart below shows that Ethereum has recently broken out of a forming symmetrical triangle, touching its previous ATH of $4,860 from 2021. Since then, the altcoin has slipped into a corrective phase, with present market levels now within the $4,200 region, leading to Pillows&#8217; suggestions of a duplicated price movement.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/pbs.twimg.com\/media\/G0LweVDWIAAcoBk?format=jpg&amp;name=large\" alt=\"Ethereum\" width=\"1202\" height=\"787\" \/><\/p>\n<p>However, if Ethereum is indeed mirroring Bitcoin&#8217;s price performance from 2021, ETH bulls should expect a further price decline to around $3,800-$3,900 to complete the 20% price correction. While such a price loss would represent an additional 9.68% from present market prices, it could also complete the perfect bullish set-up for a parabolic rally.<\/p>\n<p>Going by BTC&#8217;s price history, Ethereum could likely experience a 4.5x price surge with potential price targets around $22,000. Notably, this projection exceeds the $10,000 ceiling that many analysts currently anticipate. However, a potential decline below the predicted $3,800-$3,900 could invalidate such bullish forecasts, presenting new downside targets around $3,400-$3,600.<\/p>\n<h2><strong>Ethereum Market Outlook<\/strong><\/h2>\n<p data-start=\"270\" data-end=\"565\">At the time of writing, Ethereum is trading at $4,263, reflecting a 1.35% decline in the past day and a 1.53% loss over the past week. However, on the broader timeline, ETH remains in positive territory, posting a 10.53% gain over the past month as bulls maintain longer-term momentum.<\/p>\n<p data-start=\"567\" data-end=\"779\">According to on-chain <a href=\"https:\/\/x.com\/SentoraHQ\/status\/1963968533618164099\" target=\"_blank\" rel=\"noopener nofollow\">data from analytics firm Sentora<\/a>, the altcoin is showing signs of heating activity. In particular, Ethereum\u2019s total network fees for the week increased to $11.93 million, up 19.4% compared to the previous week, signaling heightened transaction activity and demand for block space.<\/p>\n<p data-start=\"567\" data-end=\"779\">Meanwhile, exchange netflows stood at -$2.09 billion, pointing to substantial outflows from centralized exchanges as investors opted to move their assets to personal wallets.\u00a0 With a market cap of $516.03 billion, Ethereum continues to rank as the 2nd largest cryptocurrency and 22nd largest asset in the world.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.tradingview.com\/x\/bvz20ZuV\/\" alt=\"Ethereum\" width=\"1563\" height=\"926\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Popular crypto analyst and key opinion leader Ted Pillows has outlined an insightful trend in the Ethereum (ETH) market amidst an ongoing price correction. Since hitting a new all-time high of around $4,900, the prominent altcoin has experienced an extensive price pullback. However, Pillows&#8217; insights suggest further price drops may lie ahead, before another explosive&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6897,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[22,71,72,73,3270,1568],"class_list":["post-6896","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-bitcoin","tag-ethereum","tag-ethusd","tag-ethusdt","tag-market-cycle","tag-ted-pillows"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=6896"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6896\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/6897"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=6896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=6896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=6896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}