Technical analysis by SergioRichi about Symbol ETH: Buy recommendation (10/19/2025)

ETH / #Ethereum 🔹 Donald Trump and Xi Jinping (October 19, 2025) A positive outlook is shaping up for Ethereum, and it sure looks like a classic W reversal is in the works. There's a ton of negativity swirling right now, with a lot of folks expecting prices to dip even lower (I was bracing for that final flush-out myself, but it looks like they scooped up the dip and are busy forming this reversal setup). During that Ethereum drop on October 10-11, BitMine Immersion Technologies beefed up its reserves with 104,336 ETH worth $417 million. As of this writing, the company's sitting on 3.03 million ETH valued at $12.18 billion, making it the biggest corporate whale holding Ethereum. Whales and public companies are aggressively snapping up Ethereum and stacking their bags. All that's left is to speculate where Ethereum's gonna top out and where they'll start dumping all this volume 8k? 10k? I've pulled together some screenshots that back up the bullish signal: 1️⃣ Liquidations on the Hyperliquid exchange: As you can see on the chart above, once we break $5,000, a massive wave of short traders are gonna get wrecked that could spark another leg up in price momentum. 2️⃣ Coinbase order book: Check it out—above $5,000, there are limit orders lined up for profit-taking, so Ethereum might follow a similar path straight up to $8,000. 3️⃣ Current big orders on Binance and Coinbase exchanges. 4️⃣ OKX ETH/USDC liquidation heatmap. Wrapping it up: On the daily chart, we're seeing a reversal pattern forming as a W (I call it the "pirate reversal" myself), and keep in mind that after the chaos on October 10-11, more than 1.6 million traders got absolutely rekt. I doubt everyone's gonna pile back in buying or flipping to long positions anytime soon that plays right into the hands of the big market puppeteers and market makers. They'll pump the price higher, whip up the hype, and offload their Ethereum stacks at the top. Snapshot:ETH / #Ethereum 🔹 Ethereum is entering a correction before further growth (October 29, 2025) We're awaiting the current major events: ➖ Fed Interest Rate Decision ➖ FOMC Press Conference ➖ Trump and Xi Regarding Ethereum, there aren't big changes; it seems the correction will drag on and it's more likely they'll collect liquidity from long traders, and only after that we'll head into growth. Chart: 1. Marked on the 5-day chart the liquidation levels $3100-$3400 from where an Ethereum reversal could occur. 2. On the Coinbase exchange, whales have placed a grid of orders all the way down to $3000. 3. On the Binance exchange, large orders at 3000, 3100, 3200, 3300, 3400, 3450, 3500. Let's see how everything plays out today and tomorrow. Volatility will be high. 🤔🔥