Technical analysis by c_views about Symbol ETH: Buy recommendation (10/29/2025)

ETH has returned to a descending channel, as per the pattern we wrote about earlier. All shorts have already been taken out. A breakout of the channel's upper boundary and an upward movement are highly likely A Fed meeting is also expected today, where an interest rate cut is expected The only positive news will be if Jerome Powell hints at further cuts Current price: $3,982 According to the pattern, the price could reach $4,050 , $4,100 , and possibly higher... Accumulation zones are at $3,780 and $3,620 . If the price fails to hold in this range, it is highly likely to move lower More detailed analysis, additional charts, and key levels to watch are available on our websiteThe charts show that the area of ​​interest on the rebound has grown significantly. This is most likely an artificial crowd-pulling strategy, allowing the order to be closed at around 0%. This situation most likely indicates that the rally after the decline was artificial. The S&P 500 is also rising strongly, indicating a crowd-pulling strategy. When the S&P 500 takes off, BTC will follow, dragging the rest down with it. This setup most likely ends in a crowd-pulling strategy. Be careful, as ETH could go to 3700, 3600, and possibly lower.