Technical analysis by ThetaNomad about Symbol ETH: Buy recommendation (8/21/2025)

Hi all! ETHUSDT has broken structure on the 1H/4H and is consolidating above the local descending trendline. On Binance we can see a strong hidden CVD bull forming — aggressive bears have been trying to push price down, but passive buyers are holding price up. If sellers get exhausted, we could see a rally towards new highs around 5,250. With possible rate cuts coming in September, the market might be gearing up for a fresh bull-wave up. I believe we’re setting up for that next leg higher, and the weak high from 14 Aug will eventually get swept. For confirmation, wait for at least an hourly close above the local VAH at 4,390 if you’re looking for a long here.There we go. Stop loss on entry -> Can't lose!As I said, this trade combined technical confluence with fundamental confluence. Powell just hinting on possible rate cuts, which was expected, together with tight technical analysis, will result in high probability set-ups like these.