Technical analysis by TVSltd_algoindicators about Symbol ETH: Buy recommendation (5/3/2025)

Buy ETH Today to Double Tomorrow - Mid term Investment OpportunityHello folks, it's Tradevietstock again!Ethereum has been stuck in a flat trend for nearly a year, with no real bullish momentum. ETH holders have grown tired of the sideways action — and understandably so.But I believe the right moment is finally approaching — and it could change everything.This upcoming opportunity could allow you to double your investment, riding the next major ETH breakout for substantial profit.1. ETH recent bear marketsSince late 2024, Ethereum has dropped by nearly 70%, with no significant bullish wave in sight.This period stands out as one of the most stagnant and uninspiring phases in ETH’s history — a prolonged, grinding bear market that has tested the patience of even the most committed holders.Yet despite the dullness and despair, I firmly believe the right time is approaching. Markets often move in cycles, and this kind of deep, extended consolidation can precede explosive upside.Let’s dive into some historical patterns to see what might come next.During 2024, Ethereum went through a prolonged bear market, dropping approximately 46% from its highs. Unlike sudden crashes, this decline was marked by a slow, persistent downtrend that drained confidence over time. The bearish candles weren’t extreme at first, but the steady erosion in price made it a painful phase for ETH holders. This drawn-out decline is what truly defines a bear market — not just the depth of the drop, but its duration and psychological toll. As is often the case, the final stage was the harshest: toward the end of 2024, ETH plummeted over 10% in a single day, a capitulation move that marked what many now recognize as its long-term bottom.After enduring a long bear market and several extreme bearish candles, ETH has finally confirmed its bottom and rebounded by approximately 76%. This is a classic pattern: when most people are fearful, bored, or have given up — that’s when the real opportunity begins. This phase, often ignored by the majority, is exactly when smart investors position themselves for the next wave.In 2022, Ethereum experienced one of its steepest declines ever, dropping by approximately 80% from its peak. After the initial crash of around 50%, ETH saw a short-lived rebound — rising by about 50% — before continuing its downward trajectory.After any major decline, we typically look for a bullish breakout as the signal that an uptrend is beginning. Interestingly, strong buy opportunities can often be found near bearish breakouts — especially when extreme bearish candles appear, as they often mark the final stage of capitulation before a reversal.Some examples of Extreme Bearish Candles:2. Necessary Signals to buy ETHFirstly, we absolutely need Bullish Breakout Candles to confirm the end of the bear market and the start of an uptrend.Secondly, we can likely expect an extreme bearish candle to appear just before the bullish breakout.This sharp move could even break the recent support near $1,378, triggering extreme fear across the market and within the ETH community.Such capitulation events are common before major reversals — they flush out weak hands and set the stage for a strong upward breakout.My signal:Position: BUYEntry: 1378-1675Target: 4100Disclaimer:This is a mid-term investment strategy, not intended for short-term trading.If you’re a short-term trader, please adapt this plan to suit your own risk profile and trading style.Always prioritize proper risk management to protect your capital — don’t let one trade be the reason you blow up your account again.