<ul><li>Ethereum may be set for a price rebound in the short term, as per technical analysis of a key chart pattern.</li><li>The formation of a Parallel Channel pattern suggests a potential bounce for ETH, aiming to reclaim the $2,350 level and possibly reach $3,000 and $4,000.</li><li>On-chain data indicates a decrease in ETH exposure among investors, with investors actively managing their holdings during the recent bearish period.</li><li>The $2,800 resistance level is significant, as 800,000 ETH has been accumulated there, pointing to a potential price recovery in that area.</li></ul>

Ethereum At A Crossroads: Price Testing The Lower Boundary Of A Key Chart Pattern

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