Ethereum is showing a potential bullish setup. $ETH is attempting to form a double bottom around support, a pattern that can signal a possible trend reversal when buyers step in and confirm the move. The key level to watch is $2,722, which is the upside target outlined in this setup. If support holds and momentum builds, $ETH could have room to recover. But if the bottom fails, the bullish structure could weaken. Patience matters. Let price confirm the setup before making a move.