Technical analysis by Skinwah about Symbol ETH: Buy recommendation (3/29/2025)

March 29, 2025(Not financial advice)Price has moved down from GB83, but based on current structure, GB83 may not be a rejection point — it could be the Sign of Strength (SOS) in a broader Wyckoff Accumulation.That means the move down toward GB59 ($1,284) isn’t necessarily weakness — it could be a Last Point of Support (LPS) or even a final spring test before a potential mark-up phase begins.Current View:GB83: Potential Sign of Strength (SOS) – a strong move above prior structure followed by a controlled retrace.Weekly Distribution Candle: Formed near the low, currently expanding downward. This aligns with distribution behavior, but within accumulation context, this could be part of the final test.GB59 ($1,284): Still valid as the Goldbach pathway termination, and now a critical support to confirm the LPS/spring narrative.Wyckoff Context:If GB83 = SOS → GB59 = LPSA bounce and structure reclaim from GB59 would validate the larger accumulation thesisFailure to hold GB59 would put that theory at riskBias:Short-term: Bearish pressure still in playMid to long-term: Bullish bias intact if GB59 holds as supportSummary:GB83 may be the SOS, not the topGB59 is a key reaction zoneStructure still fits within Wyckoff AccumulationWatching for a bounce and reclaim to confirm LPS → mark-upLord MEDZ Final Word:“If GB59 holds, this isn’t distribution. It’s preparation.”