Ethereum ROI Hits 1.074 As Price Targets $3.5K in Recovery Wave

Ethereum 365-day ROI is now 1.074 showing that buyers from last year are finally holding gains again

ETH price is tracking above $3.5K while the return line trends upward for the first time in months

Long-term ROI recovery has started which in past cycles has matched the early phase of larger moves

Ethereum’s 365-day running return on investment (ROI) has reclaimed the 1.0 level, suggesting renewed momentum after a prolonged downtrend. According to a chart posted on July 22, 2025, by Into The Cryptoverse (@ITC_Crypto), the ETH 365D ROI now stands at 1.074. This development follows multiple years of suppressed ROI, with values dipping well below breakeven levels during 2022 and 2023.

Source: X

The current chart compares Ethereum’s historical ROI (red line) against its price performance (blue line) over a logarithmic scale. Notably, the horizontal green line at y = 1 serves as a long-term breakeven threshold. The latest cross above this level may indicate the early stages of a new Ethereum cycle. This price-ROI convergence invites a key question: Could Ethereum be on the verge of entering another multi-year growth trend as ROI regains strength?

Historical ROI Trends Show Cyclical Behavior

The ETH ROI chart spans from early 2016 through mid-2025, capturing several full market cycles in both ROI and price action. In prior cycles, Ethereum’s ROI surged sharply during bull markets, peaking above 100 before falling well below 1 in bearish conditions. For example, ROI peaked around early 2018 and again during 2021 before collapsing during 2022.

The recent recovery above the 1.0 level aligns with earlier periods when Ethereum began sustained bullish movements. Past events show that each rise above this key threshold often followed a period of consolidation or stagnation. In 2019 and again in late 2020, Ethereum crossed this line before embarking on steep price increases.

Ethereum’s current ROI curve suggests it may be exiting a multi-year bottoming formation that began after the 2021 highs. As ROI pushes higher, its price also shows gradual upward movement, supporting this correlation. These aligned trends present a potentially strong case for Ethereum’s renewed strength.

Market Participation Reflects Bullish Response

The chart shared by Into The Cryptoverse gained over 49.5K views, with hundreds of interactions within hours of posting. Users and analysts responded actively, engaging in ROI-to-price discussions and potential ETH price projections. One notable comment estimated Ethereum reaching $8,333 in a $5 trillion crypto market, assuming a 7% to 20% dominance.

The return above 1.0 suggests holders who bought ETH exactly one year ago are now in profit. This metric serves as a confidence barometer, especially among long-term participants. Retail and institutional interest often rises when the 365D ROI climbs beyond breakeven levels.

The logarithmic price scale used in the chart shows Ethereum’s price hovering near $3,500, with steady progress upward. This increase has occurred with minimal volatility, suggesting healthier market structure. As a result, ETH is now regaining traction following a prolonged correction phase in 2022 and 2023.

Technical Setup Supports Ongoing Reaccumulation

The ETH 365D ROI line moving consistently above the 1.0 level may signal a shift in macro sentiment. ROI above this level has historically preceded strong Ethereum rallies, as seen in 2017 and 2020. While the metric is trailing in nature, its directional consistency carries technical weight.

Ethereum’s price, represented in logarithmic scale, appears to mirror the shape of prior uptrend beginnings. Its gradual recovery over the past two years contrasts sharply with the rapid losses seen during the 2018 and 2022 downturns. This stability gives technical traders a reason to reassess accumulation phases.

The horizontal green line (y = 1) remains the key point of reference. As the red ROI curve stays above this line, Ethereum’s potential for sustained growth continues to increase. Should the trend persist, ETH could enter a longer-term upward channel driven by on-chain metrics and macro sentiment.