Ethereum, the second-largest cryptocurrency by market cap has dropped from a daily high of $3,346 to a low of $2,805. However, Ethereum is back above $3,000 but still, it remains unstable. The renowned analyst Peter Brandt highlighted a head-and-shoulders pattern was created on Ethereum’s daily chart. It has dipped below the head-and-shoulders neckline at $3,000 and he believes that ETH could dive towards $2,000.