Ethereum’s (ETH) massive reversal pattern points to $14K despite the current struggles

Ethereum forms an inverse head and shoulders on the monthly chart. Analysts are eyeing a $4.4K neckline with a $14K target if the breakout confirms.

Despite the recent pullback, analysts are closely watching a major technical situation that could signal a potential long-term trend shift.

Pattern on the monthly chart indicates a major level

Trader Tardigrade shared an inverse head and shoulders chart that formed on Ethereum’s monthly time frame. The pattern outlines a left shoulder in late 2024, a head in mid-2025, and a right shoulder currently being formed.

$ETH/monthly
A huge inverted head and shoulders pattern forms on the #Ethereum monthly chart, targeting $14,000 🔥
The Right Shoulder is under construction ✍️ pic.twitter.com/cRdIwihF2z

— Trader Tardigrade (@TATrader_Alan) November 7, 2025

The neckline is around $4,000 to $4,400. If Ethereum moves above this range and closes, the setup can be completed. The measured movement of the pattern points to a target near $14,000. For the time being, the structure is still under development. Tardigrade noted that Ethereum is still “building the right shoulder”, and the outbreak has not yet occurred.

In addition, Titan from Crypto marked the 38.2% Fibonacci retracement level around $3,050. Ethereum recently reached this level and bounced. The response came with a weekly candle that showed a strong rejection of lower prices.

Titan posted that the “The bull market remains valid“If Ethereum holds this zone. The level is seen as support during pullbacks in larger trends. If this area holds, Ethereum could resume its upward move.

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ETH/BTC pair finds support

Michaël van de Poppe charted the ETH/BTC pair and be to a support zone just above 0.0325 BTC. This area has been marked as a potential buying zone, based on past consolidation and price behavior.

ETH recovered after touching this support, although the pair remains below the 9-week EMA. If the asset holds and reclaims the short-term trendline, the ETH/BTC chart could show strength again. Below that, 0.0256 BTC and 0.0199 BTC are marked as the next areas of interest.

Short-term data shows that sales are still there

CryptoQuant analyst PelinayPA noted that the Taker Buy-Sell Ratio on Binance remains below 1.0. This suggests that there has been more aggressive selling than buying in recent sessions.

Meanwhile, Bitcoinsensus reported that Ethereum jumped after falling below $3,300, making $5,000 a “magnetic zone.” It remains to be seen whether the price can build momentum after this rebound.