I noticed something interesting on the Ethereum chart — it looks like the price is forming a classic Adam and Eve pattern. After a sharp drop to $1,740, there was a decent rebound, and now it's consolidating in the lower zone. This is exactly what characterizes the early stages of such a reversal.

The thing is, the Adam and Eve pattern often signals a transition from bearish control to accumulation. First, there's an impulsive move (Adam's leg) — that was the rebound, and then a more gradual base begins to form (Eve's leg) — and that's where we are now. As long as the price stays above the minimum, it looks promising.

The key point is to wait for the return of the control point with good volume. That will be a signal that demand is truly taking over. If that happens, the next major target is around $2,450, which coincides with resistance on higher timeframes. Of course, it's important to remember that such reversals often occur in waves with pullbacks, so don't expect a straight-up rise.

For now, I’m watching the Adam and Eve pattern — if volume confirms, there could be a decent recovery. But the main thing is to wait for confirmation; otherwise, it’s just speculation.