🔥 Ethereum Flashes Bullish Signal — Is a $3,000 Breakout Around the Corner?

As Bitcoin rockets to a new all-time high, Ethereum (ETH) is riding the wave — up 3.16% this week and 44.69% over the past month.

Now, a classic bullish reversal pattern is forming, and one top analyst says ETH could be gearing up for a major move.

Inverse Head-and-Shoulders Spotted

According to crypto analyst Ted Pillows, ETH’s 12-hour chart is showing an inverse head-and-shoulders pattern — a historically strong signal for upward breakouts.

• Left Shoulder: Early March dip

• Head: Drop to $1,400 in early April

• Right Shoulder: Recent consolidation near $2,500

• Neckline: $2,700 (key resistance level)

ETH bulls have faced multiple rejections at $2,700, but Pillows believes a clean breakout above that level could launch Ethereum straight toward $3,000 — a potential 17.4% gain.

Current Stats:

• Price: $2,500 (+0.34% in 24h)

• 24h Volume: $12.35B (down 58.22%)

• Network Activity:

• Fees down 23.9% (Sentora Analytics)

• $74M in ETH moved to exchanges — first in 4 months

Despite reduced volume and fee activity, Ethereum has remained stable, showing resilience in the face of broader market swings.

Will ETH Break $3,000 Before Bitcoin Hits $120K?

The technical setup looks strong — but bulls need to reclaim $2,700 first.

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