Technical analysis by TheSignalyst about Symbol ETH: Buy recommendation (5/23/2025)

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.🏢 ETH Building Blocks:📈 Short-Term Bullish:ETH is currently bullish trading within the second floor in the shape of a rising channel marked in green.As ETH retests the lower green trendline and $2,550 structure, we’ll be looking for short-term trend-following long setups!📈 Long-Term Bullish:For the bulls to remain in control medium-term and push towards the $3,000 mark, a break above the last major high at $2,750 is needed.📉 Short-Term Bearish:If the $2,550 structure is broken downward, ETH's momentum will be shifted from bullish to bearish leading to a correction phase towards the $2,300 support.📚 Always follow your trading plan regarding entry, risk management, and trade management.Good luck!All Strategies Are Good; If Managed Properly!~Rich