Technical analysis by RexTraderSignal about Symbol ETH: Buy recommendation (12/16/2025)

MARKET BRIEFING – ETH/USD (1H) Market State: – Ethereum just completed a sharp impulsive sell-off, breaking previous structure and entering a range-building phase. – The drop was aggressive, but follow-through selling has stalled price is now compressing inside a sideways box, signaling digestion, not trend continuation. Key Levels: – Demand / Base Zone: 2,900 – 2,920 – Range High: ~2,970 – 2,980 – Reclaim Level: ~3,040 – 3,050 – Major Resistance: ~3,100 – 3,120 Price Action Read: – The sell-off swept liquidity below prior lows, then immediately slowed — a sell-side exhaustion move. – Current candles show failed downside expansion and repeated rejections from the range low, typical of sideways accumulation after impulse. Next Move: – Expect continued sideways rotation between 2,900 – 2,980 while the market rebalances. – A clean reclaim and acceptance above 3,040 opens room for a recovery push toward 3,100+. – A decisive break below 2,900 would invalidate the base and reopen downside risk. Bottom Line: ETH is not trending it’s resetting after the flush. Until price escapes the range with acceptance, patience and range logic dominate. What do you think about ETH at this level?ETH/USD (H1) — Market Update: Price Moving Exactly Within the Projected Range ETH continues to trade precisely inside the range you mapped out, confirming that the market is respecting the structure and behaving exactly as anticipated. What the Chart Is Showing After the sharp impulsive sell-off, price entered a defined consolidation box. ETH is rotating cleanly between the upper and lower boundaries of the range, indicating balance rather than continuation lower. No aggressive breakdown attempts have followed a clear sign that selling pressure has already been absorbed. Key Levels in Play Range Resistance: ~3,047 Range Midpoint / Current Price: ~2,955 Range Support: ~2,900 – 2,920 Market Implications This type of sideways behavior typically reflects accumulation after distribution, not weakness. The longer ETH remains inside this range, the higher the probability of a clean expansion once liquidity is fully built. A decisive break and hold above 3,047 would confirm the next bullish leg. Outlook Short term: Sideways consolidation continues. Bias: Neutral → slightly bullish as long as support holds. Invalidation: A sustained break below the lower range would delay the bullish scenario.