Technical analysis by makhmikhd about Symbol ETH: Sell recommendation (4/27/2025)

Ethereum seems to be unfolding within a large corrective structure on the monthly timeframe.We are currently in the C wave of a major flat pattern.Key support zones to watch are near $1085 initially.A break below this area could extend the decline towards deeper targets around $752, $472, and even $261.The bearish scenario remains valid as long as Ethereum stays below $3447, where the 78% retracement invalidation would occur.🔥 For a more detailed perspective, please check my Weekly and Daily Ethereum analyses.#Ethereum #ETH #CryptoAnalysis #TechnicalAnalysis #ElliottWave #CryptoTrading #BearishScenario