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Technical analysis by Mentor_Michael03 about Symbol ETH: Buy recommendation (11/25/2025)

https://finbeet.com/message/3942404
Mentor_Michael03
Mentor_Michael03
Rank: 2418
2.0

Ethereum Ignites: Accumulation to Breakout

Message Type:Buy
Price at Publish Time:
$2,918.47
Buy،Technical،Mentor_Michael03

Trend Structure & Market Context Mid-term Trend: Ethereum had a significant drop through October-November, falling out of its previous bullish range. The decline found stability near $2,736–$2,779, forming a rectangle accumulation phase on your chart. Supertrend & Price Action: The supertrend indicator shifted from red to green, visualizing a subtle transition from selling to buying pressure. This shift aligns with a possible start of a new trend, but it should be confirmed by sustained higher highs and volume. 2. Volume Profile & Accumulation Volume Profile (VPVR): On your chart, the left-candles show a high density of trading volume in the accumulation zone. This suggests: Whales and large traders accumulated ETHUSD within this range. Volume support is present at $2,736–$2,779, providing a floor unless broken decisively. Distribution & Premium Selling Zone: Above $4,000, the chart suggests prior distribution, where smart money sold into retail interest. This phase ended, and price reversed sharply. 3. Targets & Key Levels Target One: $3,058 represents the first meaningful resistance. It aligns with historical pivots and a volume spike. Price action toward this level will test whether buyers can absorb further supply. Final Target Zone: $3,402–$3,446 is identified as the major upside zone, matching previous consolidations and the top of the volume distribution area. 4. Momentum & Oscillators Momentum Shift: Recent rebounds (+5% move reported 1–2 days ago) show that Ethereum is attracting buyers again, possibly driven by oversold conditions. Oscillators: TradingView’s comprehensive technical summary is neutral to slightly bullish, based on moving averages and oscillators—not strongly biased to either direction. 5. Macro & On-Chain Fundamentals On-chain Data: Activity shows a reduction in transfer volumes and fee revenue, indicating calmer conditions despite the price rebound. This suggests less speculative trading and more long-term positioning. Profitability: Many holders (short-term, especially) are underwater, suggesting capitulation may be nearing completion. Historically, when most are at a loss, a trend reversal is possible as strong hands accumulate. 6. What Could Invalidate the Bullish Deep Structure? A weekly close below $2,736 would break the accumulation zone, reactivating bears for another leg down. Watch for failure to make higher highs above $3,058. Conclusion (Analytical, Not a Signal) ETHUSD shows the following deep technical characteristics: A period of accumulation is visible, combined with a meaningful uptick in momentum and volume at recent lows. Resistance zones—particularly $3,058 and the $3,402–$3,446 region—will be critical in validating any upside continuation. Macro fundamentals are mixed, with both cautious sentiment and signs of underlying accumulation by strong holders. The supertrend shift and higher lows in recent sessions support an improving outlook, but the trend must be confirmed by decisive breaks of resistance and sustained volume. Bottom line: This is a technically constructive environment for Ethereum , showing signs of bottoming, emerging momentum, and structural support. However, until breakout levels are claimed and held, the rally remains tentative and should be assessed in context with broader crypto and macro market factors.​Ethereum has successfully reached its first major target, marking a key milestone in the current bullish momentum. The achievement of this half target confirms the strength of recent upward price action and validates the ongoing breakout structure.

Source Message: TradingView