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After intraday 15.72% gains, $ETH price forecast charts continue to flash bullish signals for a potential rally towards $4,000 as March 2025 kicks off on a positive note. As seen below, the ETH/USDT 12-hour chart reveals a textbook falling wedge breakout, a historically strong reversal pattern. If confirmed by a decisive close above the upper trendline near $2,500, $ETH price could advance further towards $3,000 mark, especially as the 70% bullish dominance in the derivatives market hints weaker resistance clusters at key price levels ahead. Typically, the falling wedge pattern projects a measured move equal to the height of the formation, with the current target signaling a potential ETH price rally toward $4,000 in the coming weeks. $ETH Price Forecast The strong bullish candle on the breakout signals robust buying interest, reinforced by increasing volume, confirming the validity of the trend reversal. The price currently hovers around $2,514, with the next key resistance zone near $2,800, which previously acted as a supply zone. If Ethereum clears this level, momentum could accelerate toward the $3,200-$3,400 range, aligning with the upper bound of historical resistance. A sustained move above this threshold would validate the full breakout target near $4,000. On the flip side, failure to hold above $2,500 could invite selling pressure, potentially retesting the former resistance- turned- support level at $2,300. A break below this threshold might invalidate the bullish setup, opening the door for a deeper pullback. However, given the strength of the breakout, Ethereum bulls appear poised for further gains in the near term.