Ethereum is trading at around $3,300 with a 24-hour trading volume of $34.26 billion. The price is down 3% in the last 24 hours and 14% weekly.
Despite the recent pullback, analysts are closely watching a large technical setup that could indicate a potential long-term shift in trend.
Pattern on Monthly Chart Signals Key Level Ahead
Trader Tardigrade shared a chart showing an Inverse Head and Shoulders forming on Ethereum’s monthly timeframe. The pattern outlines a left shoulder in late 2024, a head in mid-2025, and a right shoulder currently forming.
$ETH/monthly
A massive Inverse Head and Shoulders pattern is forming on the #Ethereum monthly chart, targeting $14,000
The Right Shoulder is under construction pic.twitter.com/cRdIwihF2z
— Trader Tardigrade (@TATrader_Alan) November 7, 2025
The neckline sits around $4,000 to $4,400. If Ethereum moves and closes above this range, the setup could complete. The measured move from the pattern points to a target near $14,000. For now, t
We współpracy z: https://cryptopotato.com/ethereums-eth-giant-reversal-pattern-points-to-14k-despite-current-struggles/
