Analysts outline ETH paths: $20,000 bull-case vs. $1,500 breakdown risk

Analysts described a bullish long-term setup for Ethereum, with crypto investor DeFi Dad suggesting ETH could eventually reach around $20,000 if it follows Bitcoin's 2017-style pattern after a market bottom. However, some technicians warned the downside could come first, including a potential drop toward $1,500 if key support fails. ETH was trading below $2,100, with an intraday low of $2,060 and nearly 10% lost over the past two weeks.