The daily chart analysis of Ethereum ($ETH ) reveals the following technical characteristics:

1. Chart Pattern Analysis:

- Double Bottom Pattern: The current price trend in the market suggests a potential formation of a double bottom pattern, which is often seen as a possible market reversal signal.

- Support Area: There is significant support near the $2,111 level, which has previously served as a starting point for rebounds.

- Resistance Area: Resistance levels above are approximately around $2,740 and $2,900, with previous highs potentially becoming obstacles for price increases.

2. Technical Indicator Analysis:

- Moving Averages (MA): The short-term MA (7-day) and MA (25-day) moving averages are beginning to show an upward trend, and the price is expected to break through the long-term MA (99-day) moving average (current price is close to MA (99)).

- Moving Average Convergence Divergence (MACD): The DIF line and DEA line in the MACD indicator show signs of a golden cross near the zero axis, while the green histogram is beginning to shorten, which may indicate an upcoming price rise.

- Relative Strength Index (RSI): The RSI value is approximately 81.94, indicating that the market is currently in an overbought state, which may suggest a risk of a pullback in the short term.

3. Price Target Forecast:

- Short-term Price Target: It is expected to be between $2,900 and $3,000, as this area is a previous high point that may exert pressure on the price.

- Mid-term Price Target: If the price can break through the aforementioned resistance area, it may challenge the price range of $3,386 to $4,070.

4. Take Profit and Stop Loss Strategy:

- Take Profit Level: Based on the aforementioned price targets, consider setting take profit points in the price range of $2,900 to $3,000.