Technical analysis by Houmani about Symbol ETH: Sell recommendation (4/7/2025)

I believe that this might be a start of a bearish movement.Weekly candle closing below the 1660 USD is an indication of a start of a down trend for Ethereum and the next important level would be around the 1100 - 890 USD.I recommend waiting on the monthly candle closure to confirm the above statement. It is always possible that this is a fake break out and Eth can recover from here (again on a monthly observation).Let us wait for now