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Technical analysis by Kiu_Coin about Symbol ETH: Buy recommendation (4/22/2025)

https://sahmeto.com/message/3439918
Kiu_Coin
Kiu_Coin
Rank: 764
2.9
Buy،Technical،Kiu_Coin

Hello Traders 🐺As the old man said: "Those who survive the dump, deserve the pump." 😂😉I hope you're doing well — and if you're still here after the last few weeks, you're already ahead of the crowd.Let’s break down the current ETH situation and see why this could be the beginning of a major shift:🔹 Daily Chart Overview :ETH is testing the top of a descending channel. If we see a breakout here, the road toward $2100 is wide open — that’s a +23% move and could signal the start of a full trend reversal toward $4000.But why am I so confident? Let's dive deeper:🔹 Market Sentiment & On-Chain SignalsETH is heavily oversoldFear & Greed Index is at extreme fearAltseason Index near historic lowsETH/BTC is sitting on long-term support🔹 ETH/BTC Monthly Chart:ETH is at a key monthly demand zone against BTC. Historically, this area has triggered ETH dominance and massive altcoin rallies.🔹 BTC.D vs ETH:BTC Dominance (BTC.D) is showing signs of topping out at key resistance, while ETH/BTC is forming a bullish divergence — a classic setup for rotation from BTC to ETH and altcoins.🟢 Weekly ETH Chart ETH is sitting right on a major support zone. This is where reversals begin. If it holds, this could be the last dip before a major breakout.💬 Final Thought:Let me know your thoughts in the comments. Are you loading ETH or still waiting for confirmation?And as always:🐺 Discipline is rarely enjoyable, but almost always profitable 🐺🐺 KIU_COIN 🐺Finally price is breaking above the resistance , here you can see the possible price targets for this move :

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$1,576.9
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