Ethereum has struggled to match the performance of Bitcoin and other altcoins over the past year, but analysts suggest a major breakout may be imminent. Technical analysis points to a 4-year bullish pennant pattern and strong support levels around $3,367, indicating bullish momentum if ETH sustains this range. Broader optimism from a pro-crypto U.S. administration further supports Ethereum’s potential to reclaim its position as a market leader. However, losing key levels could risk further consolidation or correction.