Technical analysis by SILICIDE about Symbol ETH: Buy recommendation (9/2/2025)

Ethereum (ETH/USD) has recently formed a bullish wedge pattern, signaling potential upward momentum. A trade entry is favored on a breakout and subsequent retest of the wedge structure. The projected upside target is in the $4,700–$4,800 range, offering attractive risk-to-reward potential. Traders should maintain discipline with a protective stop-loss at $4,200 in case of invalidation.Today’s release of the JOLTS data (around 5:00 PM AST) will fuel this.