Technical analysis by Nyraen about Symbol ETH: Buy recommendation (12/11/2025)

ETH saw a sharp decline from the 3,380–3,400 area to the FVG range at 3,180–3,200, where a clear bounce appeared indicative of a liquidity drawdown, i.e. a deep downward movement to collect orders before a bounce from an important demand area. Above the price, the negative FVG zone between 3,300–3,360 remains a strong barrier, showing frequent rejections and clear selling activity, and the volume profile indicates weak liquidity in this range. Although the general structure remains bullish thanks to higher lows, ETH enters a deeper correction phase after the pullback movement. The 3,180–3,200 area is turning into a critical pivot — breaking it could change the short-term trend to bearish and push the price towards the 3,000–3,100 range with high volume.