In 2024, Ethereum underperformed its biggest rival, Bitcoin, failing to set a new ATH. However, to start the year 2025, the Ethereum price chart is looking very bullish. ETH has bounced off the $3,200 support to retest the $3,500 resistance, based on the weekly chart on .

A top analyst, Crypto Patel, has even that the Ethereum coin can still hit $10k in the next 8-12 months. The Ethereum token, according to Patel, has completed an inverse head and shoulders pattern on the monthly price chart. The chart also showed massive support for the altcoin around the $2,200 level.

There is a strong resistance around the $4,100-$4,200 region going forward. If Ethereum (ETH) breaks above this level, we could see a rally to $10,000. Some major…