Technical analysis by HeadsUp2021 about Symbol ETH on 11/16/2025

ETHUSD : After 2021 top, Ethereum went through a length multi-year complex correction that is W-X-Y. Since then, a new uptrend was born. We have completed Wave I of this new uptrend. The 5 subwaves of Wave I can be seen clearly. We're now in Wave II. Wave II usually retrace 50% or more. It can retrace very deep, even 90%. Let's hope ETH will found a bottom between 50% ($3169) and 61.8% ($2748) retracements.