ETH Reversal??? Is it Finally Here???So, ETH has been pushing up quite a bit now these last couple of days, but is this a real pump back up, or is it a TRAP? I'll let you decide. Here's what I see....
As posted previously, we have seen an H1 BOS out of the HUGE Weekly Demand Zone. In fact, it came out of the Daily Source of that Weekly Zone, so this push back up is definitely expected. We have fallen so much and fell down to near the bottom of the Weekly Demand Zone.
So, this H1 BOS will nearly always lead to a pullback to the H1 Source of that break, or to the H4 Supply Zone. This is playing out perfectly. We have just pulled back to this H4 supply Zone.
So....This is the area to look for any confirmation that the overall sell will continue. This H4 Supply Zone is full of sellers waiting to dump ETH, and it needs to be tested.
What to look for here:
Inside of this H4 Supply Zone, we need to see a 15 Min BOS down to signal that this whole move was a huge fakeout to trap buyers. IF we see that, look for another fake-out return to the source of that break for the Fall of Falls.
What if it doesn't Stop:
We are ALWAYS Reading the market, not predicting it. So, if this move up is to continue, we must see a clear break of that H4 Supply Zone. An H4 Candle needs to close above that zone and give us a retest, with a bullish rejection. IF that happens, ETH can keep pushing up to the next target - the H1 Supply Source (3170 - 3200).
This is just clear, technical trading, folks, and if you've been following, the market has done almost exactly what it has TOLD us it would do.
Trade ideas
Ethereum ( $ETH) Whales Load Up as Price Holds Key SupportEthereum trades near $2,939 after a volatile month that flushed out weak hands and pulled price into long-term support. The market now watches whale behavior closely, because large wallets often position early before major trend shifts. A well-known Hyperliquid whale — famous for earning nearly $200M shorting the October crash — has now opened a $44.5M ETH long, gaining over $300K within the first hour. His timing historically matters, and many traders view this as a signal that smart money expects a reversal.
On-chain data strengthens this view. Wallets holding 10,000–100,000 ETH added 440,000 ETH in one week, aligning their cost basis with current prices. Meanwhile, mid-tier wallets continue to sell into strength. This creates a classic compression scenario: institutional-grade buyers accumulate while smaller players distribute. One group will break soon — and whales rarely fold first.
Institutional flows also support the bullish narrative. US spot-ETH ETFs recorded $96.67M in inflows, ending an eight-day outflow streak. The Coinbase Premium Index climbed from -0.12 to -0.02, showing improving US demand. With rate-cut expectations above 80%, the macro backdrop now leans favorable for risk assets like ETH.
Regulatory developments add another catalyst. US regulators approved banks to custody Ethereum, unlocking access for pension funds, insurers, and large financial institutions. Combined with the upcoming Fusaka Hard Fork on December 3, 2025, which boosts scalability and blob capacity, Ethereum enters a new phase of adoption.
Technically, ETH hovers at its long-term support zone. If $3,000 holds, targets sit at $3,450 and $3,800. A close below $2,900 opens a path toward $2,150–$2,200. For now, whale accumulation, ETF flows, and improving sentiment signal accumulation rather than fear.
ETHUSD H1 | Bullish Bounce Off Key SupportMomentum: Bullish
Price is currently above the ichimoku cloud.
Buy entry: 2,867.08
- Pullback support
- 61.8% Fib retracement
- 100% Fib projection
Stop Loss: 2,777.16
- Overlap support
Take Profit: 2,972.69
- Swing high resistance
High Risk Investment Warning
Stratos Markets Limited (tradu.com/uk ), Stratos Europe Ltd (tradu.com/eu ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com/en ): Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
Ethereum Trade Setup: Weekly ChartDemand Zone : This area marks where ETH found buyers over multiple months, rejecting further declines. Historically, when price revisits this zone after a sell-off, it tends to bounce. The recent reaction confirms buyers are active and defending this level.
Major Resistance (4,109 USD) : It shows a prior weekly high and an expected supply or resistance area. This level also aligns with a golden pocket Fibb level, making it a confluence point where sellers could re-enter or bulls take profits.
Invalidation point: Weekly close below demand zone or multiple rejections with lower highs near demand.
Ethereum Outlook: Downtrend Nearing Exhaustion?The crypto market continues to slide, with Ethereum struggling to regain footing. While the short-term trend remains bearish, we may be closer to the end of this decline than the start. Still, wide price swings are likely, and traders should remain cautious.
🔻 Key Breakdown
Ethereum has lost the critical $3,300–$3,400 support, which now flips to resistance. This zone had been a strong base, and its loss introduces technical headwinds that could limit near-term upside.
📉 Next Support to Watch
The $2,600–$2,800 range is the next major support. A test of this zone could offer clues about trend exhaustion or continuation.
🔮 2026 Outlook Still Bullish
Despite the short-term weakness, the macro view hasn’t changed. We expect Ethereum to revisit all-time highs by 2026, with the potential to test the $6,000 area.
📌 Stay focused on key levels and watch for signs of reversal before assuming a bottom is in.
Key growth drivers for ETHNext week and early December come with several crypto-relevant events worth watching.
On December 9–10, the Federal Reserve (FOMC) meeting will take place. The market currently prices in roughly an 80% probability of a –0.25% rate cut, which could boost overall liquidity and risk appetite, indirectly supporting the crypto market.
On December 3, Ethereum will ship its “Fusaka” upgrade to mainnet. This update introduces PeerDAS and significantly improves network throughput, marking one of ETH’s major scalability milestones.
BlackRock recently filed for the iShares Staked Ethereum Trust (November 19), signaling institutional interest in a future staked-ETH ETF and in ETH staking yield in general.
Chainlink is expected to expand its Staking v0.3 program in December, increasing staking capacity and strengthening the network’s security and economic model — an event the market views as broadly bullish.
Overall, December opens with macro shifts, a major Ethereum upgrade, and structural developments around ETH and LINK that could influence sentiment and capital flows across the crypto market.
ETH/USD – Potential Bullish Reversal from Extreme POI.Analysis:
The chart suggests Ethereum is currently trading inside a strong Extreme Point of Interest (POI) after a series of Breaks of Structure (BOSS) to the downside. Price has entered a demand zone that may trigger a bullish reversal.
Key observations:
Downtrend Structure: Multiple BOSS confirmations show sustained bearish momentum leading into the Extreme POI.
Extreme POI (Demand Zone): Price is consolidating inside a deep demand area marked in red, indicating potential accumulation by buyers.
POI Reaction Expected: If price maintains support here, a bullish reversal is likely.
Fair Value Gaps (FVG):
Two major FVGs above act as logical bullish targets for price inefficiency fill.
Projected Price Path:
The drawn projection suggests:
Short-term bounce from POI
Breakout structure upward
Continuation toward higher FVG fills around $2,962, $3,130, and possibly $3,192 – $3,220.
Bias:
▶ Bullish, as long as price remains above the Extreme POI.
A breakdown below would invalidate the setup and continue the downtrend.
This is a strong smart-money style setup with a clean narrative:
Demand → Break of structure → FVG fill → Higher targets.
ETHUSD Technical (Bullish Plan) ...ETHUSD Price retraced back into the 2910 zone, which has been acting as a clean reaction point in previous structure. After the pullback, ETH is holding above the range low and showing signs of stabilizing, suggesting that buyers are defending this area. As long as price holds above 2910 on the 4H structure, the upside bias remains intact.
The first major objective sits around 3700, where previous supply and structural resistance align. If momentum continues and ETH clears that level without rejection, the next extension target is 4300, which aligns with the higher-timeframe resistance zone and the next liquidity pocket.
This setup remains valid as long as ETH doesn’t close strongly below the 2910 support, which would invalidate the bullish continuation idea and shift momentum back to the downside
ETH | MonthlyCRYPTOCAP:ETH — Quantum Model Projection
Primary Wave ⓵ Near Completion | Q-Target: $26,366
Based on the Monthly chart structure, Ethereum’s long-term ascent since August 2015 appears to be forming a Leading Diagonal in Primary Wave ⓵. This wave remains in its late stage, with a final surge within Intermediate Wave (5)(not labelled on this chart) likely developing into early April.
The Quantum Target aligns with a projected advance toward $26,366🎯.
The emergence of a Leading Diagonal at the Primary degree is a notably bullish early-cycle signature, often signaling the transition from a broad accumulation phase into a developing trend extension. Within my framework, such diagonal motives — once followed by a corrective Primary Wave ⓶ retracement — typically precede powerful impulsive expansions in Primary Wave ⓷.
This structure supports a broader bullish narrative at the Cycle degree, suggesting that BBG:ETHEREUM is preparing for a major, multi-year uptrend as the larger wave sequence unfolds.
🔖 In my Quantum Models methodology, the equivalence lines function as structural elements, anchoring the model’s internal geometry and framing the progression of alternate paths.
#QuantumModel #TrendAnalysis #WaveAnalysis #MarketStructure #CryptoAnalysis #CryptoMarket #CryptoCycle #Blockchain #ETHHolders #ETHBull #EthereumEcosystem #EthereumNetwork #DigitalAssets #TechnicalAnalysis #ElliottWave #ChartAnalysis #ElliottWaveTheory #CryptoCharts #ETH #Ethereum #LongTermOutlook CRYPTOCAP:ETH
Bullish bounce off?Ethereum (ETH/USD) has bounced off the pivot, which has been identified as an overlap support, and could rise to the pullback resistance.
Pivot: 2,868.29
1st Support: 2,781.04
1st Resistance: 3,049.57
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.
ETHUSD H4 | Bullish ReversalMomentum: Bearish
The price is falling towards the buy entry, which aligns with the 38.2% Fibonacci retracement.
Buy entry: 2,872.04
Pullback support
38.2% Fibonacci retracement
Stop loss: 2,635.89
Pullback support
Take profit: 3,201.19
Overlap resistance
Slightly above the 50% Fibonacci retracement
High Risk Investment Warning
Stratos Markets Limited (tradu.com ), Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ): Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
ETHUSD oversold bounce capped at 2,988 resistanceThe ETHUSD pair continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a corrective pullback, potentially setting up for another move lower if resistance holds.
Key Level: 2,988
This zone, previously a consolidation area, now acts as a significant resistance level.
A failed test and rejection at 2,988 would likely resume the bearish momentum.
Downside targets include:
2,620 – Initial support
2,496 – Intermediate support
2,266 – Longer-term support level
Bullish Scenario (breakout above 2,988):
A confirmed breakout and daily close above 2,988 would invalidate the bearish setup.
In that case, potential upside resistance levels are:
3,100 – First resistance
3,208 – Further upside target
Conclusion
ETHUSD remains under bearish pressure, with the 2,988 level acting as a key inflection point. As long as price remains below this level, the bias favours further downside. Traders should watch for price confirmation around that level to assess the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
ETH/USD: Bearish Momentum Persists as Price Tests Key Support LeThe ETH/USD pair continues to extend its medium-term downtrend as it retraces toward the long-term bullish structure.
Last week, the price broke below the descending channel, reaching the July lows near 2620.00. Although Ethereum has recovered part of the decline, the overall trend remains bearish — confirmed by:
• Bollinger Bands turning downward
• MACD stabilizing in negative territory
A meaningful bullish reversal will only become possible if ETH breaks above the 3437.50–3540.00 resistance cluster (Murray , 38.2% Fibonacci). A breakout would open the way toward:
• 4062.50 — Fib 23.6%, Murray
• 4687.50 — Murray
• 5000.00 — Murray
On the downside, the key support area for bears is 2812.50–2720.00 (Murray , Fib 61.8%). A confirmed move below this zone increases the probability of a deeper decline toward:
• 2187.50 — Murray
• 1875.00 — Murray
On the weekly timeframe, the price is pressing against the lower Bollinger Band, which is flattening — allowing for a corrective bounce but still favoring the continuation of the downtrend.
⸻
Support and Resistance
Resistance: 3540.00, 4062.50, 4687.50, 5000.00
Support: 2720.00, 2187.50, 1875.00
⸻
ETH Trading Scenarios
📉 Primary Scenario — SELL STOP
• Entry: 2700.00
• Take Profit: 2187.50, 1875.00
• Stop Loss: 3100.00
• Timeframe: Weekly
• Bias: Bearish continuation below key support
📈 Alternative Scenario — BUY STOP
• Entry: 3570.00
• Take Profit: 4062.50, 4687.50, 5000.00
• Stop Loss: 3240.00
• Bias: Bullish reversal above major resistance
Continuing the ChallengeForgive me but I have been in hospital with a wide variety of health problems to do with my gut which is still on going and took a break from trading. I am regularly getting IBS attacks and it is getting worse. Sometimes you have to realise when you are not in a condition to trade and take a break. A good acronym is HALT standing for Hungry, Angry, Lonely, Tired. If you are any of these, don't trade.
As for the idea, currently looking at an ETH long on the 4h timeframe. Seems to have pulled back to a key support and showing on the lower end of the SD band from the VWAP suggesting a perfect reversal point. I have used ATR bands to judge volatility and set SL just outside the band along with TP at 2x reward to risk.
Looking forward to continuing the challenge on a slightly longer timeframe due to my health problems.
Bearish reversal off key resistance?Ethereum (ETH/USD) is rising towards the pivot and could reverse to the 1st support, which has been identified as a pullback support.
Pivot: 3,057.32
1st Support: 2,818.56
1st Resistance: 3,230.74
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.
ETHUSD at Decision Point: Trendline Reaction IncomingETHUSD is pulling back from the weak high and trading inside a descending correction; price sits between resistance above and a major support zone below—expect reaction at the trendline, with a potential bullish reversal toward resistance or a breakdown targeting the lower support zone.
ETH was this correction a WXY- elliot wave tutorial nine 3 waveIts possible this is wave 4 and crypto is going to make a new ATH. theres no way for me to actually know this until after the fact. but it does look like this to me.
wave W is the main chart. to see the other legs see the notes
*** Elliott Wave: Quick Guide to W-X-Y (Double Three) Corrections
A W-X-Y is a complex corrective pattern in Elliott Wave Theory.
If your chart keeps printing choppy overlapping waves that refuse to trend/count cleanly, you’re probably looking at one of these.
- What W-X-Y Actually Is
A W-X-Y is simply:
W = 3 waves
X = 3 waves
Y = 3 waves
So the entire structure is:
*** 3 – 3 – 3 (total of nine internal waves which is 27 on a lower degree)
W and Y are corrective patterns (they can be zigzags or flats), and the X wave is a connecting correction—usually shallow, sideways, and time-wasting.
- What Each Leg Can Be
W:ABC or any corrective 3-wave structure
X: ABC pullback, often sideways
Y: ABC or another corrective structure
None of the legs are impulsive.
If you see a clean 1-2-3-4-5 impulse, it cannot be W, X, or Y.
- How to Recognize a W-X-Y
Corrections subdivide into threes, not fives
Price action is sloppy, overlapping, and often sideways
X wave is typically small relative to W or Y
Y often mirrors W in slope, depth, or duration
The whole thing looks like “two corrections glued together with an X in the middle”
- Where W-X-Y Appears
You’ll see W-X-Y commonly in:
B waves
Wave 4 corrections
The middle section of complex pullbacks
Crypto consolidations (extremely common)






















