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Technical analysis by Timonrosso about Symbol ETH: Sell recommendation (2/4/2025)

https://sahmeto.com/message/3227033
Timonrosso
Timonrosso
Rank: 54

ETHEREUM showing strong downside after Crypto Crash

Sell
Price at Publish Time:
$2,822.93
Sell،Technical،Timonrosso

Last year we were all bullish with the Crypto Summer. This year, I think there is so much uncertainty with what is going on in the US that investors are flocking out of crypto and going straight back to safer havens like Gold, bonds and Platinum. Anyway, I don't generally like big candles because it makes the analysis more erratic and volatile. However, we do see downside to come for the crypto giant. Price<20 and 200Inv Cup and Handle Major spike Target $1,929

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