Technical analysis by Maddox_Metrics about Symbol ETH on 6/18/2025

☕ 𝙂𝙈. ETH Macro analysis update...📈 𝙇𝙤𝙣𝙜 𝙩𝙚𝙧𝙢 outlook remains unchanged and recent price action printing a doji. Target is still $7k for this cycle.📉 𝙎𝙝𝙤𝙧𝙩 𝙩𝙚𝙧𝙢 outlook has investors looking lower towards the $1900 target but this isn't guaranteed to be reached and price action may front tat $2200.War escalation's and retail selling are keeping price suppressed. ETF inflows and staking continue to grow!The time for patience continues. Money is made in the sitting, weathering volatility, not flipping in and out of trades on every bit of news and price movement𝙏𝙚𝙘𝙝𝙣𝙞𝙘𝙖𝙡 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨Price is consolidating at its recent highs. Consolidation under resistance has high probability of breaking out, the longer it remains the higher the probability.Elliot Wave (EW) analysis suggests a motif wave ended at the $2700 resistance, with a wave 2 retracement underway, likely a shallow one.Safe trading