Technical analysis by origami_capital33 about Symbol ETH: Buy recommendation (12/31/2024)

The 1-hour timeframe shows a clear Market Structure Shift (MSS), signaling a potential bullish trend reversal. After breaking a significant lower high, price has shifted from bearish to bullish momentum, supported by key confluences:Liquidity Grab: Price swept below recent lows, triggering a reversal.Bullish Order Block (OB): Acting as a potential support for retracements.Fair Value Gaps (FVG): Indicating inefficiencies likely to be filled as price moves higher.With MSS confirmed, pullbacks into OBs or FVG zones may offer favorable entries, targeting upper liquidity areas around $3,750 and $4,087.Stay patient, and let the price action come to you!