<ul data-eligibleForWebStory="true"><li>Ethereum is consolidating around $2400 after a pullback from $2800, with key support between $2100 and $2400.</li><li>A cup and handle pattern on the weekly chart signals a potential breakout to $4200, implying a 75% rally.</li><li>Rising volume and sustained support are crucial for confirming the bullish continuation.</li><li>Ethereum rallied from $1400 to nearly $2800 before experiencing a pullback to current levels.</li><li>The pullback aligns with key Fibonacci levels, indicating potential buying interest during corrections.</li><li>The cup and handle formation suggests significant growth potential for Ethereum investors.</li><li>Confirmation of the bullish scenario requires support within the $2100 to $2400 range and increased trade volume.</li><li>Failure to hold these levels could lead to extended consolidation or further selling pressure.</li><li>Traders and investors should monitor price and volume trends closely to identify buying opportunities and verify breakout potential.</li></ul>

Ethereum (ETH) Consolidates Near $2400 as Bullish Pattern Signals 75% Rally

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