Technical analysis by ElProfessoreXBT about Symbol ETH on 12/23/2025

I’ve been away for a while and out of the charts, but after taking another look at Ethereum, the structure is starting to become clearer. Price has pulled back into a major support zone, right below the descending trendline. The reaction from this area suggests selling pressure is weakening and buyers are slowly stepping in. As long as this support holds, I expect downside to remain limited. In the current scenario: If price continues to hold above this support, A trendline break followed by a relief rally looks likely, With upside targets toward the previously left liquidity and resistance areas. Even if we see some short-term choppiness, my overall expectation is a gradual recovery from the bottom. This bullish scenario remains valid as long as the key support is not lost. This is my personal technical view, not financial advice.