Technical analysis by Wavervanir_International_LLC about Symbol ETH: Buy recommendation (8/9/2025)

🚀 Ethereum – Strategic Outlook 🚀 ETH is showing strong structural momentum, with price action now firmly in the “Bulls in Charge” zone. My near-term target remains around $5K, but technical projections show potential expansions toward $6.9K, $10.5K, and even $13K under optimal adoption and market conditions. Key Levels: 🟢 Bulls in Charge: ~$4.2K+ 🎯 Target for Bulls: $5K–$6.9K 🔴 Target for Bears: ~$3.5K (support zone) 🏁 Ultimate Target (for now): $10.5K+ This projection accounts for: 📈 Elliott Wave structure mapping 🔍 Fibonacci extensions 🛠 Smart Money Concepts (BOS / CHoCH) 🔄 Market cycle positioning The path is never linear — macro factors, adoption rates, and utility expansion will ultimately dictate Ethereum’s trajectory. Still, this cycle could be transformative for ETH’s role in value exchange, DeFi infrastructure, and Web3 adoption. 💡 Whether we see $5K soon or push into five-digit territory later, risk management remains key. #Ethereum #Crypto #Trading #Blockchain #DeFi #Investment #TechnicalAnalysis