Why Ethereum's Price Drop Mirrors the Start of the Last Major Bull Run

Ethereum (ETH) is experiencing a significant market correction, but analysts are drawing parallels to the beginning of the previous cryptocurrency bull cycle. This "brutal stumble" in price action is seen by some as a consolidation phase typical before a major upward trend. Historical patterns suggest that such sharp pullbacks have often preceded substantial rallies in the crypto market. The current ETH price dynamics, including trading volume and market sentiment indicators, are being closely compared to the period leading up to the last bull run. Experts from Asia Morning Briefing highlight that institutional interest and network development fundamentals for Ethereum remain strong despite short-term volatility. This perspective offers a bullish outlook for ETH's long-term trajectory, suggesting the dip may be a buying opportunity for investors anticipating the next cycle.