Technical analysis by Mike-BTD about Symbol ETH: Buy recommendation (12/16/2025)

ETH is holding a major high-timeframe support zone and sellers are losing momentum. Downside pressure is fading, with bullish divergence starting to show across momentum. Volume is declining into support, suggesting absorption rather than aggressive selling. If ETH can reclaim the nearby range level, there’s room toward the next high-volume area above. Lose this level, and price likely revisits lower demand. This is a key decision zone for ETH. What’s your bias here?