Ethereum price patterns echo 2024 slide and recovery as analysts outline $4K to $10K scenarios

Ethereum is trading near $2,850 after failing to hold above $3,000, logging declines of about 5% on the day and 4% over the week. Several analysts highlight recurring chart structures, with one comparing the current 47% drop and consolidation to a 2024 move toward $4,000, and another mapping a multi‑year cup‑and‑handle pattern that implies a possible $10,000 target. Additional wedge and momentum indicators point to a potential breakout zone, with some traders watching the $3,900–$4,300 band if resistance levels are cleared.