{"id":60127,"date":"2025-11-24T18:02:12","date_gmt":"2025-11-24T18:02:12","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=60127"},"modified":"2025-11-24T18:02:12","modified_gmt":"2025-11-24T18:02:12","slug":"wave-3-setup-ethereum-eth-price-dips-to-ideal-buy-zone","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=60127","title":{"rendered":"Wave 3 Setup? Ethereum (ETH) Price Dips to Ideal Buy Zone"},"content":{"rendered":"<div>\n<p>Ethereum is trading at around $2,850 at the time of writing. Over the past 24 hours, the asset is up 1%. Over the last 7 days, though, it has lost 10%. Trading volume has reached $23.8 billion in the past day.<\/p>\n<h2>Wave Structure Repeats<\/h2>\n<p>Analyst Merlijn The Trader has pointed to a recurring price structure on Ethereum\u2019s 2-week chart. The setup follows a sequence of three moves. The first is an impulsive rally. The second is a corrective drop. The third, often the largest, is a breakout leg. According to the chart, Ethereum is now in the second stage.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">ETHEREUM: THE PERFECT WAVE SETUP<\/p>\n<p>Wave 1: Ignition<br \/>\nWave 2: Correction (now)<br \/>\nWave 3: Expansion (next)<\/p>\n<p>This structure played out 3x before.<br \/>\nAnd each time, <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> pumped.<\/p>\n<p>You know what to do in the discount zone. <a href=\"https:\/\/t.co\/GSDsX3RxJ4\">pic.twitter.com\/GSDsX3RxJ4<\/a><\/p>\n<p>\u2014 Merlijn The Trader (@MerlijnTrader) <a href=\"https:\/\/twitter.com\/MerlijnTrader\/status\/1992624181054468236?ref_src=twsrc%5Etfw\">November 23, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Remarkably, this structure has formed three times since 2022. Each cycle moved inside an ascending channel. The current decline from $4,950 to the $2,600\u2013$2,800 zone mirrors past corrections.<\/p>\n<p>Interestingly, this area is marked as a \u201c<em>discount zone<\/em>\u201d on the chart. The support trendline from previous lows remains in place. If the pattern continues, Ethereum could reach $9,000 in the next move.<\/p>\n<h2>Traders Watch Support and Reversal Zones<\/h2>\n<p>Lennaert Snyder noted that Ethereum failed to stay above $2,880, writing, \u201cOur short scenario got triggered.\u201d For long trades, he is watching the $2,680 level and a possible sweep of $2,620. He also pointed to a daily demand zone at $2,570. These are areas where reversal trades may form.<\/p>\n<p>As <em>CryptoPotato<\/em> <a href=\"https:\/\/cryptopotato.com\/classic-bottom-eth-hits-2-8k-realized-price-as-whales-accumulate\/\">reported<\/a>, the $2,872 level aligns with realized price data. This level \u201c<em>resembles a classic bottom<\/em>\u201d based on on-chain behavior. Previous cycle lows also bounced near these conditions.<\/p>\n<p>Meanwhile, this area also <a href=\"https:\/\/cryptopotato.com\/classic-bottom-eth-hits-2-8k-realized-price-as-whales-accumulate\/\">matches<\/a> realized price data from multiple wallet groups. That adds strength to this support level if it holds.<\/p>\n<h2>ETH\/BTC Ratio Near Buy Zone<\/h2>\n<p>Ethereum\u2019s performance against Bitcoin is also being watched. Analyst Micha\u00ebl van de Poppe <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1992908050018267532?s=20\">noted<\/a> the ETH\/BTC pair is trading at 0.0325. This level has acted as a base before. In the last bounce from this zone, the pair gained over 140%.<\/p>\n<figure id=\"attachment_1421179\" aria-describedby=\"caption-attachment-1421179\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-1421179\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR.png\" alt=\"Ethereum (ETH) price chart\" width=\"1200\" height=\"703\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR.png 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR-300x176.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR-1024x600.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR-768x450.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR-90x53.png 90w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR-150x88.png 150w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR-1000x586.png 1000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR-900x527.png 900w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR-800x469.png 800w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR-700x410.png 700w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR-600x352.png 600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR-500x293.png 500w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR-400x234.png 400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR-200x117.png 200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6gZ76CW4AAA2xR-100x59.png 100w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"><\/a><figcaption id=\"caption-attachment-1421179\" class=\"wp-caption-text\">Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n<p>Van de Poppe said,<\/p>\n<blockquote>\n<p>\u201cIf ETH finds support here, it could outperform BTC. If not, the entire market may move lower.\u201d<\/p>\n<\/blockquote>\n<p>The pair has been consolidating in this range for several days. A bounce could set up a trend reversal.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/wave-3-setup-ethereum-eth-price-dips-to-ideal-buy-zone\/\">Wave 3 Setup? Ethereum (ETH) Price Dips to Ideal Buy Zone<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum is trading at around $2,850 at the time of writing. Over the past 24 hours, the asset is up 1%. Over the last 7 days, though, it has lost 10%. Trading volume has reached $23.8 billion in the past day. Wave Structure Repeats Analyst Merlijn The Trader has pointed to a recurring price structure [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-60127","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/60127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60127"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/60127\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}