<ul><li>Ethereum has formed a classic Head and Shoulders pattern on the 4-hour chart, signaling a possible deeper correction.</li><li>The breakdown below the neckline support level at $2,480 suggests a bearish outlook for Ethereum.</li><li>Analysts predict a price target between $2,200 and $2,250 before a potential rebound could occur.</li><li>Bulls need to reclaim $2,500 decisively to invalidate the bearish setup and aim for levels around $2,700 to $2,800.</li></ul>

Ethereum Head & Shoulders Pattern Breakdown: Can Bulls Reclaim Control?

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