Technical analysis by FX-Diaries about Symbol ETH: Buy recommendation (1/19/2025)

When you are in the markets for a longer time you can see the mistakes people make over and over again. To break it down: So Trump tweeted his meme coin and now Solana is pumping and ETH is dropping. So people invested in ETH are getting unsure because look at the strong green candles of SOL and ETH looks like it's sliding away. So now people are chasing SOL and suddenly ETH is nothing worth anymore. Well that's the receipe to get REKT and loose it all. Fundamentally how can ETH be worth nothing? They have +20 year experience and grow organically to the level it's now. ETH is integrated with almost all platforms. ETH is always the leading altcoin to start altseason is will now also. Technically just because ETH is making some red candles doesn't mean it's a weak coin.Actually the opposite, while SOL is pumping just because of a hype that's never good and will fallback to the real price. ETH is consolidating in a nice wedge and will breakout heavy in the coming weeks. Then altseason is started don't miss the boat.