Technical analysis by Shavyfxhub about Symbol ETH: Buy recommendation (11/10/2025)

THE structure is giving a weekly rejection on the descending trendline ,if we break and close above 4007.4 look for buy position and target 5000 or more key demand floor 2573.37-24490 zone key demand floor 2145-21440 key demand floor 930-10000. fundamentals of Ethereum Ethereum is a leading blockchain platform known for its smart contract functionality, enabling developers to build decentralized applications (dApps) across various sectors such as finance, gaming, and digital identity. Key Features: Smart Contracts: Self-executing contracts with the terms directly written into code. Ethereum Virtual Machine (EVM): The runtime environment for executing smart contracts. Decentralized Finance (DeFi): Ethereum hosts the majority of DeFi applications like lending, borrowing, and stablecoins. Non-Fungible Tokens (NFTs): Ethereum is the primary platform for NFTs, enabling unique digital assets like art and collectibles. Layer 2 Solutions: These enhance scalability by processing transactions off-chain before settling on Ethereum’s mainnet. Proof of Stake (PoS): Ethereum transitioned from Proof of Work to PoS with Ethereum 2.0 (The Merge), improving energy efficiency. Fundamental Outlook: Strong institutional adoption with ETFs and large-scale integrations. Continuous upgrades and scaling solutions aim to reduce gas fees and improve throughput. Growing ecosystem with thousands of dApps, developers, and users. Current Price and Market Position Ethereum (ETH) remains the second-largest cryptocurrency by market capitalization after Bitcoin. Price movements are influenced by technological upgrades, market sentiment, regulatory developments, and macroeconomic conditions. Ethereum continues to be a foundational platform for blockchain innovation, powering a broad ecosystem of applications and services #ethereum