Technical analysis by Wyckognito about Symbol ETH on 11/13/2025

Ethereum is carving out what appears to be a redistribution structure, but the context hints we may still need one more push upward, possibly a Last Point of Supply (LPSY) or even a UTAD (Upthrust After Distribution), before the markdown phase resumes. Wyckoff Structure Overview: Selling Climax (SC) and Automatic Reaction (AR) defined the lower boundary. Secondary Test (ST) confirmed demand depletion. Upthrust (UT) established resistance and began drawing a trendline of liquidity across the highs. The recent Sign of Weakness (SOW) confirms heavy supply entering, but price action is extended and could retrace to relieve pressure. The PSY zone between $3,580–$3,740 remains untested, aligning with both a liquidity pool and potential LPSY/UTAD territory. That’s where we’ll likely see whether this range completes redistribution or transforms into an even broader distribution with a deceptive final trap. Volume and CVD Analysis During the SOW, volume spiked — strong selling pressure confirmed. Yet CVD is diverging, showing aggressive sellers losing momentum while absorption quietly builds. If we see a sharp rebound on weak delta, that will likely be smart money offloading into strength — the signature of an LPSY or UTAD. The Lunar Influence We’re in Lunar Day 23, during the Last Quarter Moon in Virgo — a cosmic rhythm often tied to misleading signals, short-lived reversals, and exaggerated reactions. This phase tends to produce fakeouts that look like Signs of Strength or Signs of Weakness, but are actually exhaustion moves or liquidity grabs before the real continuation. In Wyckoff terms, Lunar Day 23 energy often shows Phase C deception, which could be a UTAD disguised as a breakout or a terminal shakeout before markdown. What to Watch Next Rebound on declining volume → potential LPSY/UTAD forming. Failed rally into the PSY zone with increased spread down-bars → confirmation of redistribution continuing. Strong bullish delta with no follow-through → likely fake strength under Lunar Day 23 conditions.Moving into Lunar Day 26 and 27 with a waning crescent in Libra. This stretch usually brings a calmer, more balanced tone in the market — less aggression, more weighing and measuring. Perfect environment for markets to stabilize after a shakeout. If ETH is going to confirm the Spring and start shaping Phase D, this window tends to support those slow, steady higher-low builds rather than big impulsive moves.Buy Trade is still active but I have posted a new idea after seeing recent price action.