Technical analysis by CryptoNikkoid about Symbol ETH: Buy recommendation (9/3/2025)

ETH doesn’t look done pumping yet. While it’s screaming for consolidation, past cycles suggest another leg up toward $5,200–$5,400 or even higher at $6,000 before hitting critical overbought levels. The likely scenario, if history repeats, is a sharp correction back to the EMA 50. However, strong institutional inflows could front-run this, pushing ETH higher without ever revisiting $4,000. MACD and RSI are extended, but price action remains resilient. ETH can stay overbought longer than expected before finally flipping bearish. No bearish divergeance, just a nice pump. Bottom line: ETH still looks bullish, with 20–50% upside from here likely. But momentum is heating up, so it may be wise to gradually secure profits before the inevitable pullback. DYOR