Technical analysis by Expate about Symbol ETH: Buy recommendation (6/19/2025)

Ethereum is super slow these days, ranging tightly between $2430 and $2800 for weeks after a recovery. Current price action shows signs of preparation for the next BIG move, but in what side!?!! Let’s break this down using the AMD model: 🔸 Accumulation We saw ETH bottoming out in April after a deep correction. Since then, price reclaimed the 200 EMA and consolidated just above the 0.5 Fib level at $2437. This horizontal zone has been the accumulation range base. 🔸 Manipulation Currently, ETH is testing the lower part of this range. Based on the chart structure, a possible liquidity squeeze breaking $2437 (mid-level) so we expect bearish trap for late sellers and non-believers before a viiolent reversal. This would be the classic “spring” move often seen in Wyckoff chart structures. 🔸 Distribution (later stage)** If (or when) ETH breaks above $2800 and gets new attention with strong volume, this can lead to a mind blown fuses expansion — targeting the psychological $3000 and after recovery to previous ATH zone. Previous ATH at $4875 is the main target. Reasonably, this would be the final stage of distribution before a probable pump and altseason madness starts. But we are far for that right now, expect it not earlier than mid-autumn. 🧠 Key Technicals: Okay, my Heikin Ashi candles show weakening — which means that we are close to the start of the Manipulation phase. RSI pulling back, resetting momentum for the next move. Fibonacci zones: 0.5 = $2437 0.618 = $1862 0.65 = $1706 🔮 Trade Idea (not financial advice): A fake move below $2437 followed by fast and immediate recovery would be an ideal long entry. Cancel trade if daily close below $1860, we can get lower this time. TP? Well, depends on your belief. If btc made almost 2x from previous high, $3000 / $3500 / $4000 / $4500 / $5000 could be good? ETH could see even 8-8.5k this cycle, but its super positive outlook on current market structure. 📊 Summary: ETH is showing classic AMD structure: Accumulation (in progress for 6 weeks, 6 fn weeks!) ⏳ Manipulation (going down) 📉 Distribution (recovery + growth) 🚀 Some while ago, ETH was already playing simillar games, so why it should be different this time? Breakout will come only after weak hands are shaken out, only after retail traders will sh*t their pants we will see growth. Hopefully we will see immediate growth from current levels, but I'm more realist this time. Ciao!Few days passed and there we go, ETH has reached first shoulder near 2100$.Neckline aka support was retested, and let's see further reaction. As usually, we have two options: 1) to start boosting from current levels, or 2) to see one more (healthy) dip to get rid from the recent "passengers" who took their longs.🚀 Nearly 60 days of consolidation — we’ve seen the shakeouts, and now distribution could be next. Get ready… the next rocket might be launching soon! 💥📈