Technical analysis by BeInCrypto about Symbol ETH: Buy recommendation (9/18/2025)

ETHUSD price is trading under $4,600, up 2.2% in the past 24 hours. On the charts, ETHUSD has formed a clear cup-and-handle setup, one of the strongest bullish patterns. A daily close above the neckline at $4,765 would confirm the breakout and set a target near $5,430 — about 17% higher from current levels. The setup works by measuring the distance from the “cup” bottom to the neckline and projecting it upward. In Ethereum’s case, that move points directly toward $5,430, which would mark a new high for the year. Support sits at $4,489 and $4,424, both levels tested during the handle formation. A drop under $4,213 would break the pattern and cancel the bullish view. Another confirmation comes from the Chaikin Money Flow (CMF), which tracks buying pressure. CMF has risen sharply from –0.18 on September 15 and is now close to turning positive. If it crosses above zero, it would show that new money is entering alongside the breakout, giving more power to the move.