Technical analysis by peterbokma about Symbol ETH: Sell recommendation (4/30/2025)

It feels we are bit overextended. We have had a nice run up from $ 1,550 area and now we are on top side of the expected outcome short-term. The channel top is clearly observed and we have an overbought state, suggesting we should a move back towards $ 1,600 area.Strategy SELL @ $ 1,790-$ 1,825 and take profit near $ 1,625 for now.