Technical analysis by aminazarpey about Symbol ETH on 11/2/2025

Ethereum (ETH/USDT) is forming a massive multi-year ascending triangle, indicating a long-term accumulation structure. The price is currently consolidating just below the major resistance zone around $4,500, which has historically been a key rejection level. As long as ETH holds above the $2,800–$3,000 support zone, the bullish structure remains intact. A confirmed breakout above the red resistance area could trigger a strong continuation move, with potential mid- to long-term targets near $6,750, $14,000, and even $15,000 based on Fibonacci extensions and structural symmetry. Ethereum continues to show relative strength and remains one of the key assets to watch in the coming market expansion. Any deeper retest toward the lower green support could serve as a strategic long-term entry zone before a possible parabolic phase.