Dear #LearnWithFatima Family ! Ethereum’s previous rallies weren’t just “repeat patterns” they were liquidity resets followed by structural expansion.
🔹 2020–2021: Ultra‑loose monetary policy + DeFi boom → Eth ~$300 to ~$4,900
🔹 2023–2024: Supply reduction post‑Merge + ETF speculation → ~$1,500 to ~$4,000
🔹 2025: Deeper correction near ~$1,350 followed by renewed positioning toward ~$4,990
What’s different now?
This cycle is more driven by capital efficiency, staking dynamics, and institutional positioning rather than retail mania. Exchange balances remain structurally lower than pre‑2021 levels, and a significant portion of ETH supply is staked — tightening liquid float.
Instead of “Oversold → ATH,” the evolving structure looks more like:
Liquidity Contraction → Supply Lock‑Up → Gradual Expansion
Each cycle rhymes — but the drivers mature.
