Ethereum has reclaimed the $2,500 mark and is showing bullish technical developments.The cup-and-handle pattern on the 4-hour chart targets a possible breakout around $4,000.Ethereum's on-chain metrics, including crossing above the True Market Mean at $2,400, indicate long-term bull runs.Ethereum remains in a dominant technical position, with $2,800 as a crucial breakout level and $2,900 as a key resistance to solidify the rally.