Crypto analyst Lark Davis predicts Ethereum (ETH) could achieve a new all-time high of $7,000 or more, citing a clear bullish structure. Davis highlights that ETH has broken out of a multi-year symmetrical triangle and is forming a bullish pennant pattern, indicating potential upward momentum. Despite a recent $20 billion liquidation event causing altcoin prices to drop by 50% to 90%, Davis remains optimistic about Ethereum's price trajectory. He suggests that the market reset could pave the way for significant gains in ETH's value.