The sell-off has officially ended! After a sharp decline, ETH has hammered out a classic "W" bottom reversal pattern, signaling that the sellers are exhausted and the bulls are now taking firm control. This is the moment savvy traders wait for to catch the very beginning of a new uptrend.

Don't let the previous red candles distract you; the momentum has shifted, and the bottom is in. $ETH

📊 The Bullish Case (Why Buy ETH Now?)

🔹 Classic "W" Bottom Formed: The price has beautifully carved out a textbook double bottom, with a strong low established around the $2905 level. This is one of the most reliable reversal patterns in trading.

🔹 Downtrend Obliterated: The downtrend from the $2980 peak has clearly lost all its power and has been broken. The market is no longer looking down.

🔹 Powerful Reversal Momentum: The strong rally from the lows shows undeniable buying pressure. These green candles are the first signs of a new, powerful impulse wave to the upside.

🔹 Fantastic Risk/Reward: Buying here provides an exceptional risk-to-reward ratio. Your potential upside is massive compared to a tight, defined stop loss just below the recent low. $ETH

📈 The Trade Recommendation:

This is a classic "W" bottom reversal setup. All signs point to a new rally beginning right now.

✅ BUY: In the current zone of $2930 – $2935

🎯 TP1: $2950 (The middle peak of the "W" pattern)
🎯 TP2: $2970
🛑 SL: $2900 (A secure stop just below the absolute low)

$ETH

🔥 The Bottom Line: The selling is over, the reversal pattern is confirmed, and this is your chance to get in at the ground floor of the next major ETH rally.

👇 Do you think ETH reclaims $2950 today? Let me know your thoughts! 👇

❤️ Like if you're bullish on this ETH reversal, and follow for more powerful setups.

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