ETH copying pattern? Potential drop below $3,000?

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ETH seems to be repeating an old pattern—I’ve marked it with an arrow. I first noticed this about 10 days ago, and as time goes on, it’s looking more and more like the left shoulder of a classic head-and-shoulders bottom. Interestingly, the #MACD is perfectly mirroring the same movement too.

If #ETH is indeed forming the right shoulder, we could see a pullback of around 31%, dropping it below 3000 to roughly 2800. This move makes sense, as key players often target psychological levels like 3000, where a lot of stop-loss orders are placed, potentially triggering larger price shifts.

What’s even more intriguing is that a drop to 2800 would push ETH below the lower edge of the symmetrical triangle, which could seriously dent market confidence.

What do you think? Does this match your analysis, or are you seeing it play out differently?

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Just to clarify, I think ETH is about to skyrocket soon.

The planned drop I mentioned is a short-term scenario for the next 1–3 weeks. It’s completely reasonable for ETH to dip first and then rally afterward.

However, if someone like Trump’s associates or Elon Musk suddenly launches a token or starts hyping ETH, it might skip the dip and shoot up directly.

In that case, the whole script will need to be re-evaluated.