Ethereum Price Could Hit Bottom at $1,000: Fractal Pattern Suggests

The Ethereum price chart is showing signs of exhaustion after a sharp 65% decline over the past three months. Investors are wondering if this correction marks the start of a market bottom. A familiar fractal pattern from previous downturns suggests potential price targets in the $990 to $1,240 range. This pattern mirrors the behavior seen in 2018 and 2022, where Ethereum saw dramatic rallies followed by sharp declines.