**Ethereum Price Consolidation and Potential Bullish Breakout**

Ethereum (ETH) has been relatively stable, trading between $2,350 and $2,450 over the past nine days, showing only a 1% decline. Despite Bitcoin's volatility, Ethereum has maintained a bullish stance above the 200-day EMA trendline.

Recent analysis suggests Ethereum is entering the final phase of a bullish fractal, similar to patterns seen in 2021 and earlier in 2024. If this pattern holds, ETH could see a significant breakout, potentially rallying 40% to around $3,375.

Additionally, the ETH/BTC chart indicates a possible double bottom, a bullish reversal pattern. However, some analysts predict a dip to $2,085 before any breakout, making the upcoming weeks crucial for ETH's direction.

This article is for informational purposes only and does not constitute financial advice.