**Ether Eyes $3,000 Mark Amid Mixed Predictions**

Ether (ETH) is showing signs of a potential rally above the $3,000 mark, according to a technical chart pattern. Analysts point to an inverse head-and-shoulders formation, often signaling a bullish reversal. One analyst suggests a short-term target of $3,000, while another predicts a climb to $4,000 by year-end, with an all-time high expected in Q1 2025.

However, not everyone is optimistic. Some traders warn of a possible dip to $2,400, citing a diamond reversal pattern and a high relative strength index (RSI). Ether remains in a seven-month downtrend, down 36% from its March 2024 high.