Technical analysis by Matthew_TradeRFX about Symbol ETH: Buy recommendation (12/9/2025)

Most traders get trapped during sideways markets because they don’t understand what the structure is preparing for. This ETH chart reveals a very clear accumulation pattern and those who can read these signals early will position themselves before the breakout happens. 📌 1. Market Structure - ETH is currently moving inside a third consecutive sideways zone, showing repeated accumulation phases. - Each consolidation has produced a higher low afterward, forming a clean uptrend continuation structure. - Price is respecting the dotted uptrend line, confirming buyers are still in control. 📌 2. Key Zones Sideway Zone #1: ~3,140 – 3,210 Sideway Zone #2: ~3,020 – 3,070 Sideway Zone #3 (current): ~3,080 – 3,170 This third sideways block is the most important — it’s forming right at the uptrend support, signaling smart money accumulation before the next push. 📌 3. Price Action - Strong recovery from the previous support sweep. - Price created a sharp HL bounce, then moved sideways again a common bullish re-accumulation pattern. - ETH is currently compressing inside the range, forming smaller internal highs and lows typical behavior before a breakout. - Projection (green path) shows a series of higher lows forming inside the zone before price expands upward. This structure shows balanced liquidity absorption bullish. 📌 4. Technical Confirmation - The dotted uptrend line is acting as dynamic support. - Multiple wick rejections from the lower side of the range show buyers aggressively defending. - Volatility is contracting — a textbook sign of pre-breakout compression. - No bearish structure change unless price breaks below the uptrend line. Everything aligns with a bullish continuation leg. 📌 5. Trading Plan (Entry – SL – TP) 🎯 Long Position Setup Entry: 3,085 – 3,110 (lower side of current range) Stop-Loss: 3,045 (below range + below uptrend line) Take Profit 1: 3,165 Take Profit 2: 3,210 Final Target: 3,260+ Why it works: You buy at the bottom of the re-accumulation while the uptrend line protects structure and range compression leads to an expansion move.Yesterday’s ETH surge was driven by a mix of macro liquidity (Fed-cut expectations), a BTC-led risk rally, and real on-chain demand (net inflows, higher active addresses and DEX/perp volumes). That combination suggests the move has genuine backing rather than being a pure pump though large exchange inflows mean short-term volatility and profit-taking remain possible. Monitor exchange flows, active addresses, TVL/staking and futures OI to confirm sustainability.