Veteran crypto trader Peter Brandt has revised his bearish stance on Ethereum, citing a bullish symmetrical triangle pattern as price nears $2,400 resistance. This potential move follows Brandt’s recent focus on Bitcoin and his analysis of Ethereum’s chart history. 45.9 million ETH were accumulated near the crucial $2,380 level, increasing the risk of selling pressure. Analysts like Ali Martinez expect a breakout if buying volume surpasses selling activity. A sustained price rise above this resistance zone might propel Ethereum towards $3,000, though further resistance exists between $3,000 and $4,000. Brandt’s shift in outlook underscores the dynamic nature of market sentiment, where technical insights intersect with investor behavior.