Technical analysis by Avery_Upton about Symbol ETH on 7/10/2025

Avery_Upton

Mapping out Ethereum’s journey through classic Wyckoff phases: from Buying Climax and Failed Test (distribution/markdown) to Spring and Accumulation (SC, creek, and “spring” event). After months of compression and failed breakout attempts, ETH unleashed its first expansion/release move, trapping late bears and rewarding patient entries. Take note: The first expansion candle after a long coil is rarely the spot to FOMO. Best R:R comes from waiting for the retrace to the 0.618–0.786 zone, where smart money reloads and risk is tightly defined. Key Levels: Compression/Coil range = accumulation Retest/retrace = sniper entry zone (purple box) If you missed the first push, don’t chase—let the retrace come to you. Chart markup: Wyckoff logic, supply/demand, coil/expansion, R:R zones.