ETH Holds Above $2,850 Range as Bullish Pattern Targets a $3,800 Breakout

Ethereum is repeating its bullish pause-and-surge pattern, with analysts targeting a breakout from the $2,850–$3,150 range.

Historical market cycles suggest ETH could rally to $10,000, mirroring its 2017–2021 structure and breaking key resistance at $3,800.

On-chain data shows most ETH is held near $2,500, raising volatility risks but keeping the bullish structure technically intact for now.

Ethereum is showing strong recovery signs after forming repetitive bullish continuation patterns across multiple timeframes. Analysts are watching a new consolidation phase as the price approaches $3,100, setting the stage for a potential breakout.

Structured Pauses Define Ethereum’s Rally Path

Ethereum's chart from late 2022 through 2025 reflects structured accumulation phases before every major rally. These repeated consolidation boxes indicate price builds momentum before vertical movements. Traders are now tracking the latest structure as ETH pauses near the $3,000 mark.

Source: Post on X

A new pattern has emerged that mirrors previous pause-and-surge setups observed earlier in the current cycle. According to CRYPTOWZRD, the price behavior remains technically consistent with earlier bullish phases. He pointed out three major zones where Ethereum paused before surging, each one near psychological resistance levels.

The first occurred between $1,200 and $1,700, followed by a rally to $2,130. Another pause near $2,200 led to a surge toward $3,800 in March 2024. His chart marks these as “A LITTLE PAUSE” zones, where structured accumulation preceded large bullish candles.

This analysis is showing the current range from $2,850 to $3,150 as the next possible breakout base. Price is up almost 90% from its March 2025 low near $1,600. He believes the trendlines linking previous rallies to the current structure indicate another upside leg toward $3,800.

Cycle Symmetry Highlights Potential Upside

Crypto Yoddha has offered a comparative analysis based on Ethereum’s historical four-year market cycles. Each cycle features a peak, correction, and a breakout that typically ends in a new high. His chart aligns the current cycle with the pattern seen between 2017 and 2021.

Source: Post on X

According to Crypto Yoddha, the market reset structure labeled W-X-Y confirms Ethereum's recent low near $1,400 as a bottom. Yoddha identified a breakout path targeting $10,000 by late 2025, mirroring the 2020 rally. This analysis highlights a key resistance zone between $2,100 and $3,800.

Once $3,800 breaks, price momentum could accelerate sharply. The analyst has labeled this new climb as a three-wave breakout structure aiming for new cycle highs. The fractal similarities from past cycles suggest Ethereum is following a repeatable macro-pattern.

Analyst Sentiment on Ethereum’s Next Move

Analysts are observing that Ethereum now trades in a critical range above its major cost-basis zones. According to on-chain data, the largest ETH market share sits 0–20% above entry levels near $2,500. A sharp drop could flip that supply into unrealized loss territory.

Source: X

The bullish structure is still in place despite this risk, and several analysts predict that the price will shortly surpass $3,800. According to certain estimates, Ethereum will reach between $4,000 and $5,000 before 2026. Analysts are confident that Ethereum’s uptrend continues with strong technical backing and symmetrical market behavior. Analysts are monitoring Ethereum’s chart symmetry, consolidation zones, and historical breakout behavior for signs of sustained upside.

The post ETH Holds Above $2,850 Range as Bullish Pattern Targets a $3,800 Breakout appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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GateUser-d3f89276vip
· 05-30 08:07
Entering long at 2680 now, target 3000.
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