Technical analysis by UA_CAPITAL about Symbol ETH on 4/10/2025

ETH broke the bullish weekly structure and is currently retracing lower. I don’t see any signs of strength on the chart yet.I expect the price to first hit $1250 and see a rejection there a possible bounce.However, the real target is $870 (2022 low). That level holds significant liquidity, so I expect it to be taken out, triggering a potential capitulation. I’ll be looking for spot buys and long-term long setups in anticipation of another possible bull run.