Ethereum’s price may transition from bearish to bullish, with a potential bullish reversal in sight.The altcoin has formed a Descending Channel pattern, signaling a potential rally if it breaks above the upper trendline.Short-term and long-term targets are at $2,360 and $2,560, with a potential move to $3,450 if a breakout occurs.Ethereum could reach new all-time highs with an Ascending Triangle pattern identified on the weekly chart.