<ul><li>Ethereum (ETH) needs to surpass the $2,400 level to regain bullish momentum.</li><li>ETH has potential for a bullish trend reversal if it breaks out of the symmetrical triangle pattern.</li><li>Over 150,000 ETH have exited derivatives exchanges, indicating potential accumulation by institutional investors.</li><li>Analysts caution that ETH may face downside and could drop to $1,060 or $800 if certain support levels are not held.</li></ul>

Ethereum Needs to Break This Key Level For A ‘Bullish Flip’, Analyst Predicts

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