Technical analysis by mrsignalll about Symbol ETH: Buy recommendation (6/23/2025)

#ETH Price Update & Trade PlanThe price of #Ethereum had been consolidating between $2,400 – $2,870, but then dumped below $2,300 and entered a daily Fair Value Gap (FVG) between $2,179 and $1,848.In my previous #BTC analysis, I mentioned my bullish outlook. Since ETH typically moves in the same direction as #Bitcoin, it’s likely to follow BTC’s lead. However, BTC dominance is clearly bullish, indicating that ETH and other altcoins are currently weaker.📌 From a trading perspective, Bitcoin remains the stronger candidate for long positions at this stage.📊 ETH Trade Plan:🔎 We’ll look for confirmation to open a long position in the $2,250 – $2,160 zone.🎯 Target levels for the upside:$2,350 → $2,448 → $2,569 → $2,618 → $2,680 → $2,743 → $2,880 → $3,020 — and potentially higher if the momentum continues.❌ Invalidation: If ETH dumps below $2,100, this setup becomes invalid.So as you can see, based on our analysis, this ETH setup offers a solid risk-to-reward ratio for a long position — but always manage your risk properly and wait for confirmation before entering any trade. ✅