Technical analysis by lixing_gan about Symbol ETH: Buy recommendation (8/15/2025)

Fundamental: Ether continues attracting strong institutional interest, with over 2.3 billion USD flowing into ether ETFs this week alone. Robust buying from major funds and growing use in DeFi and staking underscore ETH’s value as a yield-generating asset and a cornerstone of Web3 infrastructure. Supportive US regulatory developments have further boosted investor confidence, providing tailwinds for continued adoption and price appreciation. Technical: On the charts, ETHUSD recently broke out of its ascending channel, with higher swing highs suggesting momentum is building. A break above the 100% Fibonacci Extension at 5200 could pave the way toward the 161.8% extension near 6300. Conversely, a return within the ascending channel might trigger a retest of support around 4100. Overall, the technical setup aligns with the fundamental tailwinds, indicating the potential for an extended rally, though volatility remains a key risk. By Li Xing Gan, Financial Markets Strategist Consultant to Exness